An updated look at BTCUSD price action and technicals, using the daily, weekly, and monthly chart.
Indicators used:
Bollinger Bands
LMACD
RSI
ADX
SuperTrend
50 MA daily and weekly
Parabolic SAR
TD Sequential
Ichimoku
Overall, market is looking bullish. Momentum is weak, however, and could deliver one more plunge lower before moving higher. This week's close should be telling. Above $106,150 is ideal for a daily close. Above $104K for weekly.