Bitcoin Momentum Update #5: Holding Above NeutralBitcoin / U.S. dollarBITSTAMP:BTCUSDSatsOraBitcoin Daily Time Series Momentum is currently around 1.01 and continues to hold slightly above the neutral level of 1.0. This follows a significant recovery from the lower reference zone near 0.8. More importantly, momentum has now spent several days around the neutral level without a significant reversal lower. What has changed? The recovery that began in June has developed into a clear sequence of improving momentum. The indicator has moved from approximately 0.8 back above 1.0. For now, short-term daily momentum is slightly stronger than its longer-term baseline. What I'm watching Holding above 1.0: Would keep the current constructive momentum picture intact. Further acceleration: A continued rise would indicate that positive momentum is gaining strength. A sustained move back below 1.0: Would weaken the current momentum picture. 1.2: Remains the upper reference zone associated with unusually strong daily momentum. Current view Momentum remains constructive, but it is not yet unusually strong. The key development to watch is whether Bitcoin Daily Time Series Momentum can build further above 1.0 rather than continuing to oscillate around the neutral level. This analysis is based on my Bitcoin Daily Time Series Momentum indicator and is provided for educational purposes only. It does not constitute financial or investment advice.