(Kitco News) - Monday, August 15—August bitcoin futures prices are lower Monday morning and bears are fading after prices last Thursday spiked to a contract/record high and then sold off sharply to score a bearish “key reversal” down on the daily bar chart. See, too, at the bottom of the chart that the MACD indicator has just produced a bearish line crossover signal. These are early technical clues that a near-term market top is in place. See the important near-term technical support and resistance lines on the chart. Wyckoff’s Market Rating: 6.0 (out of 10.0, with 1.0 being the most bearish and 10.0 being the most bullish).