Quick Bitcoin daily Chart UPDATE - BULLISHBitcoin all time history indexINDEX:BTCUSDOrriginal It is very simple. When ever a Daily Chart Bitcoin PA has risen over the 9 SMA ( Orange ) and over the Green 14 SMA, it shows BTC PA in a strong position. This does NOT guarantee a continued rise Higher but it certainly shows the potential for more. Look to the upper left og the chart to see what happens when PA drops below the 9 SMA. Cconversly, when PA rises above BOTH 9 ad 14, we have a Good signal Lets see what happens after the FED speaks in the USA a bit later. Wemay see a rise but I am not yet convinced it will be sustained...but we have dropped to the low side of recent range, so 80K maybe a target Time always tells