Bitcoin's short-term momentum indicators have lined up in a pattern that has historically led to higher prices, which is mildly good news for Bitcoin holders.

• The daily stochastic (a momentum gauge) just turned up while the 5-day version had crossed down, a setup that has tended to come before gains.
• Five days after this setup, Bitcoin has typically been up around 3.6%, and it has gone higher three times out of four.
• Ten days out the typical gain is similar, still winning about 70% of the time.
• Twenty days out the typical gain grows to over 5%, but the odds of being up fall to under 60%.
• This is a statistical edge, not a guarantee, and the returns are smaller than what the recent golden cross setup has produced.

Outlook: The pattern favors modestly higher Bitcoin prices over the next one to three weeks, with the odds strongest in the first five days.