(Kitco News) – Bitcoin-U.S. dollar prices are sharply higher in early U.S. trading Wednesday and hit another record high. A strong price uptrend remains in place on the daily bar chart. Bulls have the solid technical advantage and there are still no early clues that a market top is close at hand. The path of least resistance for prices remains sideways to higher. Expect higher volatility on the upside and downside in the near term. 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.
