Bitcoin momentum is turning INCREASINGLY BULLISH..
#Bitcoin (BTC) daily momentum is on the verge of turning INCREASINGLY BULLISH. Confirmation would be a BO above the 9100 - 9500 S/R area with conviction. The low near the 23.6Fib retracement appears to be in and PA should move higher over the next several weeks. IMHO.
The MACD has turned up and should form a bullish up-cross over the next few days. This should confirm the change to INCREASINGLY BULLISH momentum conditions that's been developing recently. The Stochastic recently formed a bullish higher-low while becoming oversold (>20.0). Requires further bullish PA to confirm the recent change in momentum and should move higher.
I think Bitcoin has lowed his price too much, the end of the correction i think is really near, this are the moments of suspense jajajaj. And I'm seeing a really good emotion by the interest of the people directed to bitcoin and blockchain technollogy. Very good post:)
Agreed. Bitcoin and the cryptos space in general, should head higher over the next several weeks. The charts of several other coins are starting to look increasingly bullish too, including Ethereum and Litecoin.
I think the next three months are gone be very good especially for Litecoin, that pump similar that the one we had on december.
I agree, a breakout at 9100 would confirm the uptrend to around 10000. Followed you since I just made a BTC update as well today!
Yeah. A BO above 9100 would be added confirmation. So would subsequent BO's above 9500 and 10000 - which should follow in quick succession. The cryptos space is about to light-up again...