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 a bit weaker in early U.S. trading Friday. Prices are pausing late this week after earlier this week hitting a four-month high. This pause is not bearish and suggests the bulls are energizing for another push higher. The BC bulls have the firm overall near-term technical advantage as a steep price uptrend is in place on the daily bar chart. That suggests more price upside is likely in the near term.
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