Sunday 11 July 2021

Bitcoin's Upcoming Weekly Close

Bitcoin's price continues to consolidate about 50% down from the prior all-time-high. Will the weekly close rally to the level of prior weekly closes? Our slump in the market, from a lengthening cycle model perspective, continues to make a lot of sense, hammering home the idea that more lofty projections of $300k Bitcoin by the end of the year were way too optimistic. TA Video by Benjamin Cowen.