Bitcoin got over $4500 and it is worth noting that daily chart shows that there is still space to go a few hundreds higher in coming days.
The price right now is $4540 at Bitstamp and the RSI is on 62, which is not low, but significant corrections in price usually come quite fast only after it gets over 70. But as we have seen in May this is Bitcoin we are talking about so price doesn't have to drop significantly even if it gets over 88 as FOMO and bulls drive the market. Not to mention all the positive news coming from everywhere suggesting nearing of mass acceptance (e.g. Japan's Bitflyer launching Bitcoin Visa Prepaid Card).
MACD isn't super convincing but still we see a bullish signal there as the shorter moving average is above the longer one and the crossing ending the bullish phase is still in front of us.
Do you read this situation in the same way?