Bitcoin February 5 daily chart alert – Sideways grind at present

(Kitco News) – Monday, February 5–February bitcoin futures prices are up a bit in early U.S. trading Monday. Trading has turned choppy and sideways. Bulls and bears are on a level overall near-term technical playing field. The direction in which prices break out above the resistance line or below the support line will very likely be the next significant near-term price trend for Bitcoin. Wyckoff’s Market Rating: 5.0 (out of 10.0).

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