Bitcoin Jan. 4 daily chart alert - Bulls have some momentum bitcoin Cryptocurrencies
Welcome to Kitco News' 2023 Outlook Series. Uncertainty continues to dominate financial markets as central bank monetary policies push the global economy into a recession to cool down inflation. Stay tuned to Kitco News to learn from the experts on how to navigate turbulent financial markets in 2023.
- Bitcoin-U.S. dollar prices are up in early U.S. trading Wednesday. While trading remains sideways and choppy overall, the bulls have gained some momentum this week. Traders are waiting for a spark to ignite more volatile price action. Note the new chart I am using, which provides more technical details, including support and resistance levels and the popular Moving Average Convergence Divergence indicator’s daily posture.
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