BitCoin - Buying on Pullbacks Favoured!

Bitcoin remains bid despite the hack at a major exchange. Also, Starbucks, Microsoft, TD Ameritrade and Whole Foods are all making moves to adopt BTC. Finally, the story about an institutional cryptocurrency prime dealer partnering with M.Y. Safra Bank has been another positive headline.

We like the odds of buying on pullbacks towards the highlighted support zones.
Momentum remains bullish as highlighted by the 55SMA Slope.