jimbo32010

BTC Update - Crtitcal Juncture.

Long
BITFINEX:BTCUSD   Bitcoin
Usually a pullback to the 50 MA on the weekly is a buying opp.
But watch for a break under and a consolidation.
This is do or die.
I think it may be the best buying opp this year, but it pays to be aware of where we are on the BTC chart.
Watch the 50 MA, a rejection here means BTC can enter another wave up.
A 2nd piercing consolidation then fall is probably not good news at all....
jimbo.
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