Tuesday 25 August 2020

BTC still a ways off from sustainably selling above $20,000

We made a video a few months ago with the same title, and now it is time for a dedicated update on the phases of the BTC bull market. Sometimes it is easy to get carried away and assume that Bitcoin will move up monotonically without any pullbacks. But is this realistic? Is Bitcoin likely to go to $20k in 2020? In this video we take a step back, identify the phases of a bull market, and definitively show that BTC is still a ways off from sustainably selling above $20,000. TA Video by Benjamin Cowen.