Monday 7 June 2021

Bitcoin: Bull Market Support Plateau

The Bitcoin bull market support band is plateauing - well at least the 20W SMA is, but not the 21W EMA. In this video we take a look at why the 20W SMA is leveling off and the implications of this over the next several weeks. Can the price of Bitcoin get above the 20W SMA before it rolls over? Or will the bull market support band become a pesky resistance level for months to come? TA Video by Benjamin Cowen.