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 weaker in early U.S. trading, on a routine corrective pullback after hitting a nine-week high Thursday. The BC bulls have gained good power this week amid a fledgling price uptrend in place on the daily bar chart, to suggest still more upside in the near term. The path of least resistance for prices is sideways to higher. Stay tuned!
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Bitcoin Jan. 12 daily chart alert - Bulls gain power to suggest more upside
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Bitcoin price climbs to $17,565 ahead of tomorrow's CPI reportBitcoin price climbs to $17,565 as the anticipation that tomorrow's CPI print will show that inflation continues to moderate is pushing traders towards a bullish outlook.
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Bitcoin: Why betting against a BTC price rally might not be the way aheadBTC logged its largest profit-take ratio day for the first time since 28 March 2022. Its price has grown by 5% since the beginning of the year An assessment of the aggregate amount of coins across all Bitcoin [BTC] transactions on the network that moved in profit or loss revealed that the king coin had […]
Source: CryptoAmb - 🏆 22. / 68 Read more »
Bitcoin: U.S. Inflation, debt crisis, and more might threaten BTC’s 2023Bitcoin is in the accumulation zone according to the BTC pricing model. Demand for BTC experiences a recovery as hopes for a recovery bloom. Bitcoin [BTC] investors are going through renewed hope for a long-term recovery. As such, it is important to juxtapose those expectations with an economic outlook. Perhaps this might help gauge whether […]
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Bitcoin extends its longest winning streak since pandemic days - BNN BloombergA prolonged rally in Bitcoin is giving crypto enthusiasts a smidgen of something to be happy about during a dark period for the industry. 'A prolonged rally.' ROFL! 🤣 Good one.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
How is Hong Kong’s new crypto policy beneficial to Bitcoin investors?Hong Kong’s securities regulator will limit the retail investors’ exposure to crypto assets with high liquidity. Samsung’s investment arm will list Bitcoin futures ETF on the local stock exchange. Hong Kong has moved to embrace the crypto industry despite a ruthless winter that has discouraged neighboring countries like Singapore from investing in this volatile industry. […]
Source: CryptoAmb - 🏆 22. / 68 Read more »