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