SIGPokerKing

BTC: 54980 critical level on 8H

BITSTAMP:BTCUSD   Bitcoin
Since mid-March, there have been at least 10 touches and/or closes at 54980 on the 8H, and even more near misses. Let's see where BTC is at 8 pm EST tonight, which is when the current 8H candle closes. As chance would have it, this level is now within $50 of the 50 ema.

For now, I'm neutral, too close to go long here, and too close to short.
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