Bitcoin: The Upcoming Weekly Close

Bitcoin is coming in hot on the weekly close. It seems there is a high probability at this point that we close above the 20W SMA and 21W EMA, meaning 4 consecutive weeks of holding the bull market support band as support. In this video we take a look at another moving average (8W SMA) that we have spoken about before, as it had some importance during the last move that Bitcoin made. TA Video by Benjamin Cowen.