Sunday 8 November 2020

Bitcoin: Coming up for a breath

After spending quite a while within the regression band, Bitcoin has come up above it for a breath of fresh air. Now that we are above the ocean, is the sky the limit? We take a look at some possibilities for Bitcoin over the next few weeks/months and identify what "business as usual" would be, and what a speculative bubble would be. We also identify the instantaneous price range for the upper logarithmic regression band of Bitcoin. TA Video by Benjamin Cowen.