BTCUSD closed 4 days ago the monthly candle in gains, making it the third straight month. Last time this took place was during the 2020-2021 rally. In fact this chart shows that Bitcoin gives 3 straight green monthly candles only during Bull Cycles historically. Given that its 1M technicals are still neutral (RSI = 50.333, MACD = -740.400, ADX = 33.982), the current price is still very attractive to buy despite the strong rally since December.
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investingscope.com
Over 65% accuracy on Private Signals Channel.
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Free Channel: t.me/investingscopeofficial
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.