(Kitco News) - Monday, July 21 - July bitcoin futures prices are near steady in early trading Monday. Recent price action has been sideways and choppy at higher levels, which is not bearish. A price uptrend remains in place on the daily bar chart.  Bulls have the solid overall near-term technical advantage to suggest still more gains are likely in the near term. See the important near-term technical support and resistance lines on the chart. Wyckoff’s Market Rating: 8.0 (out of 10.0, with 1.0 being the most bearish and 10.0 being the most bullish). 

 

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