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Bitcoin Feb. 3 daily chart alert - Price uptrend alive and well

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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 weaker in early U.S. trading Friday, on a normal corrective pullback after hitting a six-month high Thursday. The BC bulls still have the solid overall near-term technical advantage as a price uptrend is firmly in place on the daily bar chart. The bulls still have the power to push prices still higher in the near term. Stay tuned!

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