(Kitco News) - Wednesday, April 29 - May bitcoin futures prices are firmer in early U.S. trading Wednesday. While the bulls have encountered stiff chart resistance that lies just overhead from present prices, a price uptrend remains in place on the daily bar chart and bulls have the slight overall near-term technical advantage. See the important technical support and resistance lines on the chart. Wyckoff’s Market Rating: 5.5 (out of 10.0, with 1.0 being the most bearish and 10.0 being the most bullish).
