Editor’s Note: 2020 is expected to be another year of significant uncertainty and turmoil. But the question is what asset will emerge the victor when the dust settles from the global trade war, Brexit, recession threats, negative bond yields. It’s a showdown of global proportions, so don’t miss all our exclusive coverage on how these factors could impact your 2020 investment decisions.
(Kitco News) – Bitcoin-U.S. dollar prices are up again and hit a seven-week high in early U.S. trading Wednesday, on more perceived safe-haven demand following the recent geopolitical shockwaves. The Bitcoin bulls have gained good upside momentum to suggest more gains in the near term. Recent price action has produced a bullish double-bottom reversal pattern on the daily chart, which suggests a market bottom is in place. Stay tuned.
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