Bitcoin enjoys reminding us that we really have no idea what's possible. Sometimes, I see people assume the price of Bitcoin cannot go up or down a certain amount because of the market cycle narrative, or what it would mean for their portfolio. Remember that market sentiment can change on a dime! Always be responsible with investing in any space and especially crypto, just because of how quickly things can chase. I typically like to say "Do not chase pumps," simply because of how risky they are and how it may not work out the best in the short-term. In this video we discuss a few different metrics to identify trends in the price of Bitcoin. TA Video by Benjamin Cowen.
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