Tuesday, December 2--December bitcoin futures prices are up just a bit in early trading Tuesday. Not much new, technically, early this week.
The bears remain in solid technical control of the market, as a price downtrend remains in place on the daily bar chart and prices are not far above the recent contract low. See the important technical support and resistance lines on the chart. Wyckoff’s Market Rating: 1.5 (out of 10.0, with 1.0 being the most bearish and 10.0 being the most bullish).
