Tuesday 16 March 2021

Bitcoin Bounces off the 21D EMA

As typical even in bull markets, Bitcoin can have retracements. This so far has been a fairly minor pullback, with Bitcoin at least temporarily bouncing off the 21D EMA. We tend to cover both the 20D SMA and 21D EMA whenever we have a pullback in a bull market because often times the bulls and the bears will respect those levels. TA Video by Benjamin Cowen.