(Kitco News) - Tuesday, October 29--November bitcoin futures prices are solidly higher and hit a five-month high in early U.S. trading Tuesday. A price uptrend is firmly in place on the daily bar chart and the bulls have the solid overall near-term technical advantage. The path of least resistance for prices will remain sideways to higher until an early, significantly bearish technical clue arises to suggest otherwise. See the technical support and resistance lines on the chart. Wyckoff’s Market Rating: 7.0 (out of 10.0).
