Bitcoin daily chart alert - New record high to end 2020 - Dec. 31
Kitco News has launched its 2021 Outlook, which offers the most comprehensive coverage of precious metals markets in the new year. Trillions of dollars were pumped into financial markets in 2020 and that won't come without consequences. Economists expect that investors will be Bracing For Inflation in 2021.
(Kitco News) - Bitcoin-U.S. dollar prices are near steady in early U.S. trading Thursday but did hit another record high overnight. Bulls are leaving 2020 behind with a powerful head of steam heading into the new year. A strong price uptrend remains in place on the daily bar chart. Bulls have the solid technical advantage and there are no early clues that a market top is close at hand. Do expect higher volatility on the upside and downside in the near term. Stay tuned!