(Kitco News) – Wednesday, January 7–January bitcoin futures prices are down again in early trading Wednesday, after losses posted on Tuesday. The bulls had regained some technical strength early this week by working on a price uptrend on the daily bar chart but have lost some momentum at mid-week. See the important technical support and resistance lines on the chart. Wyckoff’s Market Rating: 5.0 (out of 10.0, with 1.0 being the most bearish and 10.0 being the most bullish).
