Make Kitco Your Homepage

News Bites

Bitcoin Jan. 11 daily chart alert - Bulls working on fledgling uptrend

Jim Wyckoff

Kitco News

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 a bit weaker in early U.S. trading Wednesday. Bulls have gained some upside technical momentum recently and are working on a fledgling price uptrend on the daily bar chart. Prices this week have also pushed just above key resistance at the 50-day moving average. Stay tuned!

 Coinbase cuts staff by 20%, operating expenses by 25%
By Jim Wyckoff

For Kitco News

Contact jwyckoff@kitco.com
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.