(Kitco News) – Bitcoin-U.S. dollar prices are a bit weaker in early U.S. trading Wednesday. The recent sideways trading action on the daily chart, or pause, is not bearish–yet. A fledgling price uptrend is still in place on the daily bar chart. Bulls still have the overall near-term technical advantage but need to show fresh power soon to keep it. 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.
Source link