Friday 12 March 2021

Bitcoin: Bull Market Uptrend

The last half year as been full of ups and down for the price of Bitcoin; however, the price has mostly gone up. In this video, we take a step back and look at the entirety of the last 6 months and recognize that the price of Bitcoin has been steadily increasing in a fairly well-defined channel, only periodically leaving it before returning a few days/weeks later. While I do not think this uptrend channel can be predictive, it can help us better understand what has happened this bull market so far, and gives up some insight into what may happen. TA Video by Benjamin Cowen.