Daily Bitcoin Price Update - We Must Have A Daily Close Above 10150 (Video)

We got another great day for Bitcoin yesterday (Thursday). We made a higher high and touched 10300 but then we pulled back and closed just slightly above 10000. Here is the daily chart:

Comment: What I do like about this situation is that we are now clearly above the bollinger band median and the volume has picked up nicely. It was clealy higher than that of Wednesday and we formed a bullish looking candlestick ahead of Friday.

Now, lets end this update with the daily area line chart:

Comment: Here we can see that we have not yet taken out the old peak of 10150 which is a mandatory obsticle to surpass. However, I do think that we will do that since today is looking strong as well. If you watch the video I will show you the hourly chart as well.

Happy trading!