*Trendline - 3-4 points of touch, goes back to where BTC futures came out at 20,650 the financial institutions shorting this got a big reward, in recent days it was violated which is bullish
*Aggregation: it took some time for BTC futures to have a 50-period simple moving average, the blue arrow denotes when it happened 3/1 was when it started displaying a slope for the MA; price is still below which means this part of the short term trend is down, with enough energy it can possibly close above, making it bullish long enough to matter
*Base of aggressive buyers, 5970 was the low for this time (not an all time low) but the 6,000 or 7,000 held well enough for whoever the buyer was to dictate all of the demand
*10,000 goal..........its mid range, maybe not a 50% fib retracement but a nice target even if you were long 1 or 2 bitcoins it would make a difference
Technicals mixed with higher adoption rates and more applications would be constructive for this asset-class
-DR
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