Bitcoin Jan. 20 daily chart alert – Bullish chart formation developing

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 near steady in early U.S. trading Friday. A bull flag or bullish pennant pattern appears to be forming on the daily chart. The BC bulls have the firm overall near-term technical advantage amid a price uptrend in place on the daily bar chart. The path of least resistance for prices remains sideways to higher. Stay tuned!


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