Bitcoin Bull Market Support Band Update

Bitcoin Bull Market Support Band Update




Time for an update on our Bitcoin bull market support band, considering that we have a new weekly close for Bitcoin. This bull …

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About the Author: Benjamin Cowen

38 Comments

  1. Because BTC has a greater market cap, it can't move as rapidly as it did in previous cycles. So it makes sense that a longer time frame (50W MA) will be used to measure bulishness.

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  3. This is the best TA channel out there.
    Thanks so much for your content. This is some first class Harvard expensive schooling for free on YouTube. What a time to be alive.

  4. There is going to be a short term correction, you guys. Benji has got it spot on!

    I'm basing this prediction on the "BTC: All Exchanges Estimated Leverage Ratio" which now is over 0.20.

    And historically every time it crosses 0.175, there is a correction.

    Let's hope we hold above 41K 🤞

  5. Bitcoin has proven to be extremely manipulated. Moving at 4:20am and 4:20pm, also top at 69k and bottom at (42,0)00. Lol just buy the dips and hodl until we are blessed with a pump from the whales.

  6. It could be a slow grind getting above 53k and maintaining it as support – probably be January or February before anything interesting happens.

  7. Highly likely the cycle ended right on time at 69k. We might have another 2019 suprise failed pump later on down the road, but the market under 53,500 is failing and forming a head and shoulders. Which highly likely means unless this launches up big time that it's all down hill from here as we continue the bear market from October's last hoorah.

  8. ADA is about to go parabolic in the next days…. Big news incoming before the New Year. 5$ before we know it. Get in Now before its to late, these prices will be long gone very soon. ADA will amaze everyone again in JAN 2022.. (Now you know) GG and always DYOR, greetings from the darkness, and good gains new years to you my friends…

  9. I wish it would pump. But unfortunately it seems pretty obvious we’re going to hit 53k and then the whales will dump and we’ll see 42k and then down to 35-40k for a long bear market. I really wish this wasn’t the case but the manipulation is strong

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