Daily chart is showing a possible double bottom activity that could lead to an upward momentum Fib levels are saying that price action must cross .382 (43K)for the bullish momentum to continue. Volume is growing; more buys TTM is squeezing upward; good positive momentum.
News - hmm ofcourse the FUD is relentless but it seems that some regulatory news that will bring in the index funds is in the making.
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