#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.
