Thursday, February 19--February bitcoin futures prices are once again near steady in quieter U.S. trading early Thursday.
The recent collapse in daily price volatility suggests a bigger price move is right on the horizon. Bears have the overall near-term technical advantage as prices are in a downtrend on the daily bar chart. 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).
