The Bitcoin bull market support band, which consists of the 20 week SMA and the 21 week EMA now ranges from $28.4k - $31.9k. This is the price level that Bitcoin would want to definitively hold on weekly candles to maintain the integrity of the bull market. Right now, we are very far away from this level and it will seem out of reach to many. However, remember that the Bitcoin bull market support band is a moving target and by the time we test it, these moving averages could be much higher than they are today. TA Video by Benjamin Cowen.
DISCOVER A SMARTER WAY TO TRADE - COVESTING (Copy Trading)
Choose among best performing traders and automatically copy their trading activity. Earn second income by allowing others to follow your trades.
Learn more about Copy Trading >>
EXPERIENCE ONLINE TRADING and invest in the world's most popular assets and cryptocurrencies on the ultimate investment platform - 24/7 - on the device of your choice.
-$10 000 demo account
-$10 minimum deposit
-$1 minimum investment
Test your investing strategy and trading skills with a Free Demo Account >>
