BTC chart review, March 21st 15:15 PST

The weekly chart of BTC still looks bearish as it has printed 2 red heikin ashi candlesticks.
Stochastics have also rolled over and just above the 20 level.
Price is under the 20 week moving average which is the middle of the bollinger band. Nothing bullish here...

The daily chart looks a bit better regarding the lastest price movement.
BTC has printed 3 green heikin ashi bars and stochastics have made a move to the upside.
It is above the descending upper trend line which it has been battling for weeks. Will it finally stay above it?
It is still under the 200 day moving average (blue line) and also under the 20 dma (yellow line)
The major test will be the 11,695 level on the GDAX exchange. You can see that it has provided resistance 2x, will the 3rd time be a charm?
BTC is still in a technical uptrend since the 5,873 spike low bottom on Feb 6th. While it has not produce higher highs, it has not printed lower lows. My opinion is that the Feb 6th was the low price for 2018.

Looking at the BTC data over the last 24hrs, we see that 927k of BTC was sent for a total of 8.3 billion. Hmm, that's a lot of money changing hands huh?
The average transaction fee was 1.39.

Market cap dominance of BTC is 43% (gold) and the 'alts' 19% (silver). The alts had quite a runup in December to early January and then declined. Over the past few days, it appears that interest is picking up.
The rest of the crypto market cap coins are #2-10 by marketcap.

The latest BTC news. It appears that the NSA is not only looking into US citizens computer data, phone calls, text messages, email, but also BTC transactions. Maybe they will work with the IRS and track down every transaction to find if people were paying their taxes on any gains?

Did you know that it is illegal for a US citizen to own the Venezuela petro cryptocurrency? Trump recently wrote an executive order on the ban.

Additional misc BTC news for the day