Bitcoin daily chart alert - Price hits 2-month high - Aug. 11
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here!
(Kitco News) - Bitcoin-U.S. dollar prices are firmer in early U.S. trading Thursday and hit a two-month high. The market is in a two-month-old summertime price uptrend on the daily bar chart and bulls have the overall near-term technical advantage. That suggests the path of least resistance for prices will remain sideways to higher in the near term. Stay tuned!
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.