Bitcoin Feb. 3 daily chart alert - Price uptrend alive and well

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Bitcoin Feb. 3 daily chart alert - Price uptrend alive and well bitcoin crpto 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 weaker in early U.S. trading Friday, on a normal corrective pullback after hitting a six-month high Thursday. The BC bulls still have the solid overall near-term technical advantage as a price uptrend is firmly in place on the daily bar chart. The bulls still have the power to push prices still higher in the near term. Stay tuned!

 

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