Get all the essential market news and expert opinions in one place with our daily newsletter. Receive a comprehensive recap of the day’s top stories directly to your inbox. Sign up here! |
(Kitco News) – Thursday, July 13–August Bitcoin futures prices are slightly up in early U.S. trading Thursday. Not much new this week. The bulls still have the overall near-term technical advantage amid choppy and sideways price action at higher levels. BC traders are waiting for a price “breakout” from the trading range. Bulls are hoping for an upside breakout that would suggest another leg up in prices. Bears want a downside breakout that would suggest a price downtrend developing.
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.