Bullish Cross on Daily MACD Points to $12K Bitcoin in November

Following a continued downtrend and recent lows around $7,700 being defended by bulls, Bitcoin price is currently trading at $8,300 after a surge to $8,800 overnight last night was rejected with force by bears.
However, according to a bullish crossover on the already oversold daily MACD, Bitcoin price could be targeting the previous high of $12,000 as early as November if bulls can build on the momentum that is mounting.
Daily MACD Signals Bullish Momentum is Building
Bitcoin price has been stru