(Kitco News) - Monday, July 28—August bitcoin futures prices are near steady in early U.S. trading Monday. Trading has been sideways and choppy at higher levels for the past two weeks. A price uptrend line on the daily bar chart has been negated and the bulls have faded a bit. Bulls do still have the overall near-term technical advantage. 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). 

 

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