(Kitco News) - Wednesday, April 9—April bitcoin futures prices are weaker in early U.S. trading and hovering just above Monday’s five-month low. The market this week saw a bearish downside breakout from the recent trading range and prices are trending down, to suggest more price pressure in the near term. The bears have the overall near-term technical advantage. See the important near-term technical support and resistance lines on the chart. Wyckoff’s Market Rating: 3.0 (out of 10.0, with 1.0 being the most bearish and 10.0 being the most bullish).


