#Bitcoin (BTC) daily momentum remains INCREASINGLY BULLISH, however, down around yesterdays close near 10,000. The next areas of strong resistance would be near the 50d SMA, 12,000 and 13,000 respectively, and should take-out at least one of these areas by month end. IMHO.
The MACD formed a bullish up-cross a couple days ago with the histogram starting positive expansion, and should continue moving higher over the next several weeks. The Stochastic formed a bullish higher-low while becoming oversold (>20.0) a few days ago. Ascending from an area similar to both mid-Jul17 and late-Sept17, and we all know what happened to subsequent PA.
