(Kitco News) - Monday, March 2—March bitcoin futures prices are higher in early U.S. trading Monday. Despite the roiled marketplace, Bitcoin trading action remains in a sideways grind at lower levels. See at the bottom of the chart that the MACD indicator has produced a bullish line crossover signal. Bears still have the overall near-term technical advantage. 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).
