(Kitco News) – Monday, October 13–October bitcoin futures prices are weaker in early U.S. trading Monday, following sharp losses Friday that produced serious near-term technical damage. Bears have quickly gained the overall near-term technical advantage amid the steep price downdraft. See the important near-term technical support and resistance lines on the chart. Wyckoff’s Market Rating: 3.0 (out of 10.0, with 1.0 being the most bearish and 10.0 being the most bullish). Stay tuned!
