The 20 week moving average of the price of Bitcoin is one we have been watching for years. Now that we have held it for a month and a half and have bounced back up near our local top, where is the 20 week MA headed and how quickly will it get there? In this video we simply do a back of the envelope calculation to better understand the rate at which the 20 week MA of Bitcoin will move up, and what levels you can expect need to hold for the Bitcoin bull market to stay in tact. TA Video by Benjamin Cowen.
