Bitcoin Dec. 19 daily chart alert - Bulls fade as price uptrend negated
Welcome to Kitco News' 2023 outlook series. Uncertainty continues to dominate financial markets as central bank monetary policies push the global economy into a recession to cool down inflation. Stay tuned to Kitco News to learn from the experts on how to navigate turbulent financial markets in 2023.
(Kitco News) - Bitcoin-U.S. dollar prices are just a bit lower in early U.S. trading Monday, following strong selling pressure late last week that negated a price uptrend on the daily chart. Bulls have lost their overall near-term technical advantage and the bears now have some momentum on their side. Stay tuned!
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