(Kitco News) - Wednesday, July 16—July bitcoin futures prices are higher in early trading Wednesday. Prices hit a contract/record high Monday and a price uptrend remains firmly in place on the daily bar chart. Bulls still have the solid overall near-term technical advantage to suggest more price upside is likely in the near term. See the important near-term technical support and resistance lines on the chart. Wyckoff’s Market Rating: 8.0 (out of 10.0, with 1.0 being the most bearish and 10.0 being the most bullish). Stay tuned!-- Jim Wyckoff


