$BTCUSD may be heading into a spring. BTC long time frames are showing SMI divergence, sitting on support, and about to dip below the trading range. Lots of bears out there that can help this spring take off.
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Update: We may be getting the spring we are looking for on $BTC. Hit a demand zone with a Bollinger bands w bottom on the 1D (set up also on the 3-day). SMI and volume divergences on the daily as well. Could #btc have hit bottom? Long at 5800.
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This is aging well. If this works out as a true spring on an accumulation trading range, we will see 12-13k+ in the not so distant future.
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Looks like we got our spring on $BTC ! Looking to get some BUECs and continued JACs.
