While it may be easy to sound the siren anytime the price of Bitcoin moves up, it is prudent to remember that the price of Bitcoin will likely not experience a V-shaped recovery, but rather a much longer consolidation phase. I know it can be easy to get swept away with quick price movements, but so far Bitcoin is continuing to put in lower highs. In this video we talk about the many milestones that Bitcoin has to contend with before we actually get back on track. TA Video by Benjamin Cowen.
