Gunslinger2005

Riding that btc rainbow

COINBASE:BTCUSD   Bitcoin
It is a tricky place here for a pivot point trader with camarilla as far as the next large move goes. The general correction I could see having another low test at perhaps upper 40s or low 50s again. I could also see us breaking lower to 44k or even higher out of these range again. One thing Iwould like to point out along with this lovely chart. Is that the developing daily, weekly, monthly pivots are all forming around this price level together. Generally when this happens they wil all became at least a difficult or important resistance or/and support for the future. What are your thoughts on btc next move? please share

/short term notice though. We have untested daily pivot and weekly developing pivot around 54k. and the 12hour local downtrend is still putting up walls around price action. I would expect those levels about 1k lowerr to at least get hit

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