Friday 30 April 2021

Bitcoin: A Historic Monthly Close

Bitcoin is closing a monthly candle that may put an end to an era of 6 prior greens in a row, or if it can rally a bit more, would be the first time since 2012 of 7 green monthly candles in a row. The likelihood of printing a green candle is relatively low, with the monthly close coming in very soon, so we will make sure to keep an eye on it! We also discuss the 20D SMA and the implications of getting above it in the short-term, or the consequences of getting rejected. TA Video by Benjamin Cowen.

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