We have endlessly discussed the usefulness of the 20 week moving average (MA) for Bitcoin in determining whether it is bullish or bearish. In a recent video, we also discussed the 21 EMA since many people do prefer it. I also showed the band which simply colored the region between the BTC 20 week SMA and 21 week EMA. In this video, we take a look at the recent cross of these two moving averages of Bitcoin, and make a comparison to the last market cycle. We discuss changes to market sentiment if we move back to the upper half of the potential re-accumulation zone. TA Video by Benjamin Cowen.
