(Kitco News) - Wednesday, March 4—March bitcoin futures prices are higher and hit a three-week high in early U.S. trading Wednesday. The bulls have gained momentum by breaking a price downtrend line on the daily bar chart. Also, see at the bottom of the chart that the MACD indicator has produced a bullish line crossover signal. See the important technical support and resistance lines on the chart. Wyckoff’s Market Rating: 4.0 (out of 10.0, with 1.0 being the most bearish and 10.0 being the most bullish).
