Sunday 30 May 2021

Bitcoin: Let's Call It What It Is

While many seem to be holding out for a V-shaped recovery, the more likely path is months of consolidation. Let's call it what it is folks: Bitcoin is in a bear market. Let's keep an open mind as we continue to navigate this market cycle, but with Bitcoin being down 50% and trending down, we cannot claim that Bitcoin maintains its status as being in a bull market. TA Video by Benjamin Cowen.