(Kitco News) - Thursday, February 26—March bitcoin futures prices are a bit weaker in early U.S. trading Thursday after good gains posted Wednesday that saw a two-week high and put a price downtrend line on the daily bar chart in some jeopardy. Also, see at the bottom of the chart that the MACD indicator has produced a bullish line crossover signal. Bears still have the overall near-term technical advantage. See the important technical support and resistance lines on the chart. Wyckoff’s Market Rating: 2.5 (out of 10.0, with 1.0 being the most bearish and 10.0 being the most bullish).
