Wednesday 12 August 2020

Bitcoin experienced a setback, but again we know this is business as usual

Bitcoin experienced a setback, but again we know this is business as usual. As long as the 20 week moving average (MA) is held, we are still technically in a bull market as far as I am concerned. We discuss the location of the 20 week MA and what a drop to that level may look like. BTC still has a long market cycle ahead, so buckle up and prepare for the journey. TA Video by Benjamin Cowen.