When it comes to any investment, it is of course always wise to consider the downside risk. Pretending that the downside risk does not exist is not doing you any favors, as many people who have lived through prior Bitcoin market cycles will tell you. In the grand scheme of a market cycle, short-term Bitcoin corrections are likely just a blip when we look back on in it in the future. Regardless, considering the downside risk is definitely worthwhile for navigating the crypto markets. In this video we discuss the 20D SMA and 21D EMA, as well as the 20W SMA and 21W EMA. We systematically discuss the various moving averages and how they can be interpreted during a Bitcoin bull market. Where do you think the price of Bitcoin is headed over the next few weeks? Let me know in the comments below!
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Disclaimer: The information presented within this video is NOT financial advice.