Is Bitcoin Entering the Bullish Phase?
Kevin Svenson analyzes the recent price movements of Bitcoin using the 4-hour chart. Bitcoin is trading above the $7,800 line and is posting lower highs which is bringing it up above the last resistance level. He also looks at the 21 MWA and compares it to the one from 2018, which was a good sell indicator. At the end of the video, he talks about the 3 parabolic cycles that the cryptocurrency went through in the previous halvings.