Sunday 15 August 2021

Bitcoin: The Situation Right Now (is anything self-evident?)

Bitcoin: The situation right now is anything self evident? Bitcoin has managed to avoid a "bear market" by staying above key market structure at the 29-30K levels of support. We have now seen the bitcoin price climb above the weekly 21 EMA and reach the important 61.8% fibonacci resistance. But is anything now "obvious" or "self-evident" on the chart of bitcoin? Can we say anything with certainty - and if not, why not? We look at the charts and explain. Video by Alessio Rastani.



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