Bitcoin daily chart alert - Normal chart consolidation in an uptrend - Oct. 25

By Kitco News / October 25, 2021 / www.kitco.com / Article Link

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(Kitco News) - Bitcoin-U.S. dollarhigherin early U.S. trading Monday. The market is now seeing some routine "backingand 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

Contactjwyckoff@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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