High level analysis of BITCOIN for the next few days, weeks or months
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As we can see, for the past months, the following happened: > NO MONTHLY candle closed above the 2024 HIGH, hence no bullish continuation
> Right now BTC is testing the 2021 ATH break, around 73kish .... If it bounces here on a monthly level ( 2 green monthly candles above), we may want to start buying BTC for a long term (months/years) target.
Note that since this is monthly timeframe, a visit to 69kish in the lower timeframe is NOT impossible. This chart is for BTC INVESTORS or SPOT TRADERS and not daytraders or swing traders :D
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.