STOP using the Bactine IMMEDIATELY! Bactine has never, ever been recommended for puncture wound or piercing care aftercare, and your piercer should be spanked for recommending that. Seriously.
I mention the brand and material because it can be important. There's stainless steel, and stainless steel--inferior grade can cause allergic reactions. Proper implant grade body jewelry stainless does not, and the brand can often be a clue. Titanium is pretty friendly to everyone, though. Do you know what gauge? This is also very important down the line when you want to change jewelry. It's quite common to get very excited and forget to ask these questions. Call your piercer back, and ask, or check on your receipt if you still have it, and make a note.
Resources: go here to review industry standard aftercare:
www.safepiercing.org. Also, buy a copy of The Piercing Bible by Elayne Angel, which I helped write--it really is the "bible" for piercing info.