[isatrader]

Bitcoin / crypto breadth:
Bitcoin price is going sideways, the 150 day SMA has flattened out [1].  Not much to say on the other indicators except the %s of stocks above their 50 and 200 day EMAs.  These have been below the 30% level recently, for the 200 day EMA they have just popped above.  To me there is not a clear direction.

Bitcoin continues to develop in a weekly Stage 1 imo following the change of behaviour in July/Aug which took % of cryptos above their key moving averages back into upper zone (higher risk) above 70%, which has now fallen off again & is below 30% with bitcoin trading in a major backup. So crypto MA breadth has moved back to the lower risk area. So I'm watching for the next bull signal, which would be a strong move back above the key 30% level. But there is no way of knowing when that will come, as it could be days or weeks or even months. But I'm remaining vigilant for that and also looking at the altcoins showing the best RS.