Bitcoin daily chart alert - Bears have momentum

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(Kitco News) - Bitcoin-U.S. dollar prices are nearsteady in early U.S. trading Friday, after hitting a five-week low overnight. Aprice uptrend?, on the daily bar chart hasnow been negated. That?? EUR (TM)s bearish and suggests a near-term market top is inplace. Bears now have momentum. Stay tuned!

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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