Bitcoin daily chart alert - Backing and filling is not bearish - Oct. 26

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(Kitco News) - Bitcoin-U.S. dollar are abit weaker in early U.S. trading Tuesday. The market is now seeing some routine"backing and filling" in an existing uptrend. The Bitcoin bulls still have the solidoverall near-term technical advantage. There are no strong, early chart cluesto suggest a market top is close at hand. That means more price upside islikely in the near term. Staytuned!

By Jim Wyckoff

For Kitco News

Follow @jimwyckoffjwyckoff@kitco.comwww.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 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.

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