Bitcoin daily chart alert - Bulls work to stabilize prices - Jan. 13
Welcome to Kitco News' 2022 outlook series. The new year will be filled with uncertainty as the Federal Reserve looks to pivot and tighten its monetary policies. At the same time, the inflation threat continues to grow, which means real rates will remain in low to negative territory. Stay tuned to Kitco News to learn from the experts on how to navigate turbulent financial markets in 2022.
(Kitco News) - Bitcoin-U.S. dollar prices are near steady in early U.S. trading Thursday. Bulls are trying to stabilize prices after serious chart damage was inflicted recently. The bears still have the firm near-term technical advantage amid a price downtrend in place.