(Kitco News) - Thursday, April 9 - April bitcoin futures prices are near steady in early U.S. trading Thursday. Bulls have gained a bit of momentum this week as overall sideways and choppy trading at lower levels could be “basing” action that kicks off a price uptrend in the near term. Bears do still have the overall near-term technical advantage at present. See the important technical support and resistance lines on the chart. Wyckoff’s Market Rating: 4.0 (out of 10.0, with 1.0 being the most bearish and 10.0 being the most bullish).
Bitcoin April 9 daily chart alert - Basing may be bullish
By:101 finance
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