Wednesday, December 10--December bitcoin futures prices are near steady in early trading Wednesday.
The bulls have some momentum and are now working on a price uptrend on the daily chart. Also, see on the chart that the Moving Average Convergence Divergence (MACD) indicator is in a bullish posture as the blue MACD line is above the red trigger line and both lines are trending up. See the important technical support and resistance lines on the chart. Wyckoff’s Market Rating: 5.0 (out of 10.0, with 1.0 being the most bearish and 10.0 being the most bullish).
