Thursday 13 May 2021

Bitcoin: Comprehensive Damage Report

With this impressive pullback by the price of Bitcoin, it is time we take inventory of what just happened. In this video we take not of which milestones we fell below, and what milestones may be on the horizon, if the price of Bitcoin fails to hold the 20W SMA. Now that we have tested the 20W SMA, it seems reasonable that the bulls will fight to hold the line. The main question becomes, is Bitcoin too far gone to hold it? TA Video by Benjamin Cowen.