BTC daily looks to have a possible slow grind
Bitcoin / U.S. dollar BITSTAMP:BTCUSD
BTC Daily could not hold the Momentum
bullish trendline…But the purple box would be the
consolidation/support box at this level… also
the DeMark 9 Indicator is reading we are at the bottom or very close to it…
Support at $$39,350-$37,481 range…i can update from there. Lets see if BTC can push back. I honestly see a big possibility
that we see BTC have a slow grind
up to my purple box.
above the $40K and then $42K mark and we could
then see a retracment to the $52k-$57k price.
RSI is Overold and should be moving up.
