eddicus_rex

Interesting level to watch

eddicus_rex Updated   
BITFINEX:BTCUSD   Bitcoin
Price is once again back at the yearly pivot and support should be very strong. I don't know if this is a buy yet, or if we'll get a break down. PA for the last few months does look ominous, although if one wanted to buy, a fairly tight stop could be placed below the pivot. A break below though could bring an extended bear run. My hunch is consolidation around this level for the remainder of 2019 and then advance in 2020.
Comment:
Yep
Comment:
Yearly pivot at 20k that's where we're heading.
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