BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
255 0
Yearly Pivot 11600 at 50 percent with angle will be a true test. Psychological level of 10k will be suffecient resistance. A test of bottom is still in cards with much resistance at 13k 14k level. The emas need cleaning and will take several weeks to months most likely. long from sub 6500 and will hold for now. Unless total capitulation to 3300 is in cards , we could be looking at a very nice bottom at 6k. time will tell but we are bullish long term regardless
Comment: daily rsi still hasnt broken out when that happens expect a nice upmove
Comment: a retest of the low would still not be bearish for btc longterm . the bottom is closer than is the top
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