Bitcoin Just Sent a Message:

The Uptrend Is Back. – Bull Market Support Band? Reclaimed. – 20-Week Moving Average? Back above it. – Weekly Ichimoku Conversion Line and Baseline? Cleared. – 4. 45° Trendline? Recovered. – 1.414 Fibonacci Extension? Closed above it.

Forget about whether we retest the low $90Ks or high $80Ks — the bigger picture is clear: Bitcoin’s bullish momentum has returned.

By The Great Mattsby.