Bitcoin poised for a weekend rally?

Bitcoin would appear to have a fair bit going for it heading into the weekend. The dollar is on the back foot and stocks globally are looking very buoyant, especially in the US. Well, so far this week it has rejected any sustained move above 58,500 and actually dropped back a little in recent trading. On the one hand the chart, looks reasonably supportive, but on the other not so, unless it can make a sustained move above those still falling moving averages. The technically negative golden cross still defines a headwind for the lead coin and only a sustained move back above the 50,100 and 200 day moving averages will alter that. Incidentally, since the earlier update today, both the 50 and 100 day moving averages have fallen further. The 50 day is right now at 60,033 and the 100 day is at 61,479. The high seen during the Asian session (58,413) has remained intact and an attempt on that a little earlier stalled at 58,350. It has now dropped back to as low as 57,645. So, as we wait for the US equity markets to reopen, perhaps they might provide some support, or if not it will be the weekend, where thin weekend trading conditions that might assist. In the absence of either of those 58,500 continues to cap the topside for the time being. BTC is currently trading at 57,875