Bitcoin daily chart alert – Prices action goes parabolic – Dec. 17

(Kitco News) – Bitcoin-U.S. dollar prices are sharply higher and hit a new record high in early U.S. trading Thursday. Prices have this week gone what is termed parabolic in trading parlance—meaning almost straight up. Bulls are enjoying a price uptrend on the daily chart and are in strong overall near-term technical control.

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