The big picture is still looking pretty bullish Based on daily charts , an outbreak above 54 is only a question of time - this month or even january`17 ... But the short term makes me afraid last 24 hours and even suggests me price pressure even unbtil 48 USD ?!
How ever the short-tmer chart is pretty bearish even under 52.500 BCOUSD Why ??? Let me shortly excplain ...
the daily sma broked even around by 52.500
the weekly sma broked even around by 52.500
the monthly is more or less even around by 48.000
Take care & analyzed it again - it`s always your decission ... (for a bigger picture zoom the chart)
Best regards Aaron
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