Bitcoin Daily Chart Alert - Prices Surge to 2-Mo. High - July 24
Editor's Note: Welcome to Kitco's new Bitcoin Daily Technical Alert. Every trading day veteran Kitco technical analyst Jim Wyckoff will provide you with a concise and easy-to-understand near-term technical brief on Bitcoin. Importantly, Jim will glean the short-term charts and technical studies, and then alert you to the signals he sees regarding upcoming potential bigger price moves or price trend reversals. Jim's unique and exclusive daily technical report is an absolute must for any trader/investor/market watcher who closely follows Bitcoin.
(Kitco News) - Bitcoin-U.S. dollar prices are solidly higher and hit a two-month high in early U.S. trading Tuesday. The bulls have good upside technical momentum and have the firm overall near-term chart advantage to suggest more upside in the near term. Stay tuned!