Bitcoin Monthly
2025-01-17
Category: None

Bitcoin's monthly chart reveals a very interesting signal.

As you can see, last month ended as a very strong negative candle. We have a long upper wick and a small red real-body close to the lower end of the trading session. Needless to say, this doesn't look good.

This month changes everything. The action starts red but after some bearish action turns green. First half of the month red, second half green. First half of the week red, second half green.

The interesting signal is the fact that this monthly candle is already trading above the wick high of November 2024. This means Bitcoin is ultra-bullish.

This month's action is also happening above the previous month, December 2024, session open and close. Another bullish signal. This is coupled with a Fib. level (2) being conquered as resistance so far. This would be equal to $98,500.

Both November and December 2024 were rejected below $98,500 and the monthly close happened below this level. Seeing the action above it means the bulls are winning. Once the month closes above it means the bulls won.

Bitcoin is bullish on the monthly, weekly, daily and hourly timeframes.
The Altcoins are also bullish.

Welcome to 2025.
We are only getting started.

Everything is about to turn great.
We will have awesome growth, awesome results, awesome sentiment, great progress, huge freedom, more innovation and abundance for all those who joined and support the Cryptocurrency market.

Financial abundance if you love, trade & like Crypto.
It is not too late.

Join the profitable fun.

Namaste.