Wednesday 9 June 2021

Bitcoin: Our Lines In The Sand

The price of Bitcoin has actually experienced a fairly nice rally on the back of the news about El Salvador accepting Bitcoin as legal tender in their country. With this rally, it naturally begs the question of "What are some keys price levels to watch?" In this video we check to see where our lines in the sand are for us to not only escape our current downtrend (even with the rally), but also to get back above some key levels that have previously provided a significant amount of support/resistance. TA Video by Benjamin Cowen.