Bitcoin Jan. 25 daily chart alert - Normal downside correction Wednesday

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Bitcoin Jan. 25 daily chart alert - Normal downside correction Wednesday
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Bitcoin Jan. 25 daily chart alert - Normal downside correction Wednesday bitcoin crypto Cryptocurrencies

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.

- Bitcoin-U.S. dollar prices are weaker in early U.S. trading Wednesday, on a routine corrective pullback after this week hitting a four-month high. The BC bulls still have the solid overall near-term technical advantage amid a steep price uptrend in place on the daily bar chart. That suggests more price upside is likely in the near term. Stay tuned!

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