Make Kitco Your Homepage

Bitcoin Aug. 18 chart alert - Near-term price uptrend in jeopardy

Kitco News

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 a bit higher in early U.S. trading Thursday. Not much new this week. Bulls are fading and they need to show fresh power soon to keep alive a two-month-old price uptrend on the daily bar chart. More selling pressure this week would either negate the price uptrend or at least put it in even more serious jeopardy. Stay tuned!

Dogecoin rallies higher as excitement builds for the EVM-compatible Dogechain network

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.