(Kitco News) - 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).
Bitcoin Feb. 19 daily chart alert - Volatility collapse suggests bigger move coming
By:101 finance
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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