Bitcoin daily chart alert - The trend remains the bulls' friend - Oct. 21

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(Kitco News) - Bitcoin-U.S. dollarare abit weaker in early U.S. trading Thursday, on a normal downside correctionfollowing strong gains this week that have pushed prices to a record high. TheBitcoin bulls have the strong overall near-term technical advantage amid asteep price uptrend in placed on the daily bar chart. There are no strong,early chart clues to suggest a market top is close at hand. That means moreprice upside is likely 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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