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Welcome to Kitco News’ 2023 Insights series. Uncertainty continues to dominate financial markets as central bank monetary policies push the global economy into a recession to calm inflation. Stay tuned to Kitco News to learn from the experts on how to navigate turbulent financial markets in 2023.
(Kitco News) – Bitcoin and US Dollar prices are weaker at the start of US trading on Friday. Traders are waiting for a spark to trigger price action in what has been a quieter holiday trading period. Neither the bulls nor the bears have a near-term technical advantage, suggesting closer sideways trading in the coming days. Look for more active trading at the start of the new year. Stay tuned!
Bitcoin in 2023: falling to $10,000 or climbing to $250,000? By Jim Wyckoff
For Kitco News
Follow @jimwyckoff [email protected] www.kitco.com
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 the accuracy of the information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. This is not a solicitation to trade commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article accept no responsibility for loss and/or damage resulting from the use of this publication.
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