Sunday 30 May 2021

Bitcoin: Different Types of Bear Markets

Not all Bitcoin bear markets are the same - some last a few months while others last year. I think we are in the middle of an intra-market cycle bear market. Namely, I do not think we are entering a multi-year down trend, but rather an intermediate accumulation phase before a push later on to $100k. This push does not necessarily have to happen in 2021. TA Video by Benjamin Cowen.