(Kitco News) - Friday, March 6—March bitcoin futures prices are slightly lower in early U.S. trading Friday. Some chart consolidation is featured late this week, after good gains posted earlier in the week. The bulls gained some momentum this week 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).
