Bitcoin is closing a monthly candle that may put an end to an era of 6 prior greens in a row, or if it can rally a bit more, would be the first time since 2012 of 7 green monthly candles in a row. The likelihood of printing a green candle is relatively low, with the monthly close coming in very soon, so we will make sure to keep an eye on it! We also discuss the 20D SMA and the implications of getting above it in the short-term, or the consequences of getting rejected. Where do you think the price of Bitcoin is going? Let me know in the comments!
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Disclaimer: The information presented within this video is NOT financial advice.
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