Click chart above to see the detailed analysis👆🏻
Please just make sure, that you don't trust Bitcoin with its daily swings of more than -5%. Looking at the overall picture, Bitcoin is still incredibly bullish and almost trading at its all time high. Bulls are 100% in control of everything and some profit taking along the way is just normal.
Click chart above to see the detailed analysis👆🏻
Regardless of how Bitcoin actually closes the monthly candle, we now have the confirmed bullish all time high breakout, starting the next major crypto cycle. We could even see a retest of the previous breakout level and Bitcoin would remain bullish so just make sure you are looking at the overall picture now.
Click chart above to see the detailed analysis👆🏻
If - over the next couple of days - Bitcoin actually manages to take out the previous all time high and close the monthly candle of January in the green, literally everything is then pointing to a strong crypto year of 2025. Please just make sure that you don't get caught up in the short term volatility!
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