Wednesday 30 June 2021

Bitcoin: Upcoming Big Candle Closes

While it may seem unnatural to think about candle closes in the middle of the week, Bitcoin is about to print its 1, 2, 3, and 6 month candles. These are much longer time-frame candles than we typically discuss, but are still important in understanding the entirety of Bitcoin's price history. Looking at long time-frame candles has a way of tuning out the noise and getting you to focus on the big picture. TA Video by Benjamin Cowen.