Thursday 10 December 2020

Bitcoin: Time frames for testing the bull market support band

In this video we take a systematic, yet grueling look at historical monthly candles and their tests of the Bitcoin bull market support band (the 20 week SMA and the 21 week EMA). We investigate lengths of time above this band before ultimately returning and project out what that could mean for the next couple of months for Bitcoin. TA Video by Benjamin Cowen.