Sunday 25 April 2021

Bitcoin: Still on Course

Will Bitcoin bounce off the 100D SMA like it has in past cycles? While the short-term certainly appears bearish and there is a decent chance that we test the 20W SMA in the coming weeks, a bounce in the short-term off the 100D SMA seems like a possibility. In this video we also briefly discuss market cycle ROI as measured from the bottom and from the halving and show that we are still generally on course, and that corrections are only natural. TA Video by Benjamin Cowen.

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