The price of Bitcoin has been slowly recovering from the biggest drop we’ve seen since the year 2013. For the last ten days the price has steadily been moving upwards after a bullish breakout closer and closer to the resistance level at around 260.7 USD. I am fairly confident that at least up until this point there shouldn’t be anything that will stop the trend. We will most likely see some fallback around that level, but if all goes well the 260 USD mark will be broken at the end of January or early February.
Pivot point calculator
Since I have upgraded to a much more professional software, the MetaTrader 4, I now have a lot better indicators and overall user interface. I was looking around for a MT4 pivot point calculator script and I found some, but I can’t be sure how reliable they are or what algorithm they are using so for the time being I am still using this: Pivot Point Calculator. I will let you know once mine is ready- I am planning on making one really soon because it’s not really making sense to manually type in those pivots every morning, right?