Bitcoin: Back Up Above Its Moving Averages

BTCUSD is finally back up above the 20 and 50 day moving averages that were providing resistance (if you believe in that sort of thing).

MACD looking more interesting though. Back below the 0 line and crossing which often indicates a bullish value area.

Here's hoping it regains some of its upwards momentum.

Comment:

Took a while with some drama in between, but finally got our MACD cross which is typically bullish. Be interesting to see if this rally holds or if its a one off.