Bitcoin (BTCUSD) fully detached from the S&P 500 Index (SPX) and now continues bullish towards $20,000+.
Here is the weekly chart:
Looking at the daily timeframe, which is the main chart above, we can clearly see Bitcoin trading above all major EMAs.
EMA50 was conquered 8-Oct. and now prices are safely trading above the EMA10 green line.
This is a very strong bullish setup, MACD and RSI are also super bull.
As long as Bitcoin continues to grow... The entire cryptocurrency market will benefit... So be patient, this is only the beginning... There will be more.
Feel free to leave a message if you have any questions.