(Kitco News) – Wednesday, May 1—May bitcoin futures prices are lower again and hit a two-month low in early U.S. trading Wednesday. The bears have gained the near-term technical advantage and have momentum on their side amid a price downtrend in place on the daily bar chart. Wyckoff’s Market Rating: 4.0 (out of 10.0).
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Read More: Bitcoin May 1 daily chart alert – Price downtrend in place; bears have edge
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