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jeff@PivotalPivots.com 

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Bitcoin 2018 Yearly Pivots

January 13, 2018

 

2017 was a breakout year for Cryptocurrency. Will the trend continue in 2018? Bitcoin (BTC.USD) in 2018 has KEY support on the Yearly Pivot Point(YP) @ $11,465. If the YP holds as support should open the door for a test of the Yearly R1 Pivot(YR1) @ $22,195 in 2018. If the  price of Bitcoin fails at the YP, may open the door for $7,000(200day) or Ys1 @ $4k. I personally don’t see that happening, but anything is possible. Best case for Bitcoin in 2018 is the YR4 Pivot Point @ $50k!

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