Quick BITCOIN Daily UPDATE - Trying to make a Move, Bitcoin all time history indexINDEX:BTCUSDOrriginal Recenty, I have concentrated on the 9 SMA ( Oarange ) and the 14 (Green ) I have now included the > 50 SMA (RED) 100 SMA (BLUE) 200 SMA ) YELLOW) Bitcoin today has made a push and is now banged into the 9 and 14 SMA zone and has initaily been rejected. You can see how PA bounced off the 50 on a daily chart But how strong is PA? The RSI VWAP Very simply, it is boncing off a region it has bounced successfuly from in the past and has room to continue higher. Bullish The MACD The Daily MACD is doing to same, bounccing off a region it has bouned off previously AND the Histogram bar is White, showing that the MACD line and its SIGNAL line ( red) are moving closer togehter. It is heading towards a Bullish Crossover. Momentunm is building. But there is NO guarentee that we will get that crossover, we depend on PA And on the Longer Term, The Weekly chart, My preferred minimum timeframe for understanding Trends, we see Very Bullish beginnings This is excellent. We see how PA has bounced off the line of support just above the 9 Week SMA The 9 Week SMA is Crossing Bullish over the 50 Week SMA We will Next wait for the 14 to cross the 50 and the 9 to cross the 100, that is just Overhead of PA. BTC PA has to break over that 618 Fib line and hold it as support. It failed last time but we do have the stregth to do it. Back to main chart PA does have a fight on its hands in the Next day or so, to break over the 9 amd 14 Daily SMA And to Cross that 618 Fib line. 85K is a minimum target price to Cross and hold. We could Range Longer this Week or we could push higher, The Chance of a Drop Lower is always present but I think we have the Bulls in house. But Remain CAUTIOUS while we watch that 9 and 14 Daily SMA battle goes