Tuesday 23 March 2021

Bitcoin: Rejected From the Peak Logarithmic Regression Band (Again)

For the second time now, Bitcoin has been rejected from the peak logarithmic regression band. So far we have had 3 weekly candles push into the regression band, but the closes have all been below it. In this video we discuss the implications of this on price action from this point and walk through some of the possible scenarios. TA Video by Benjamin Cowen.