Bitcoin has rallied by upwards of 50% over the last month. While this is certainly exciting, it has many people asking themselves when the next correction of the Bitcoin price theoretically happen. In this video we take a look at the last market cycle and identify the time frames between tests of the 20 week moving average, and the price differential between tests. We use this analysis to project hypothetical moves in the Bitcoin price over the next few weeks if in fact there is a pullback and we regroup and push higher from there. Of course, Bitcoin could always continue a bubble-like rally, but let's be a bit more pragmatic and focus on all of the possibilities as to what Bitcoin could do. TA Video by Benjamin Cowen.
