Bitcoin daily chart alert-Normal corrective pullback in an uptrend

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(Kitco News) - Bitcoin-U.S. dollar prices arelower again in early U.S. trading Friday, on what is still just a normalcorrective pullback after prices hit a record high earlier this week. A priceuptrend remains in place on the daily bar chart. The Bitcoin bulls still havethe solid overall near-term technical advantage, to suggest the path of leastresistance will remain sideways to higher in the near term. 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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