(Kitco News) - Wednesday, May 15—May bitcoin futures prices are firmer in early U.S. trading Wednesday. The market is in a normal pause, suggesting a bigger price move is not too far off. Trading remains trapped in a range. The bulls and bears are on a level overall near-term technical playing field. See the support and resistance lines on the chart. The direction in which prices move above the resistance line or below the support line is likely to be the direction of the next significant trending price move in the market. Wyckoff’s Market Rating: 5.0 (out of 10.0).
