3rd Green Monthly Candles is on Bitcoin Price Chart
This is 3rd month that Bitcoin price chart got green candle. We have not seen these green candle series since end of 2024. After these green candle series, we got red monthly candle at the end of 2024.
Here you can see monthly chart of Bitcoin price. You can see what happaned after these green monthly candle series. We say 6 green monthly candle series at the beginning of 2024 and Bitcoin price entered price correction. We may enter price correction after these green monthly candle series..
Here you can see weekly chart of Bitcoin and the indicators. Fisher Indicator is on the top and reversed down. You can see what happened after reversing down of Fisher Indicator. MACD Indicator is also trying to reverse down. If we see red monhtly candle in next month, these indicators will enter correction.
So, it is so possible to see red monthly candles in future. I shared lots of analysis about this price move. I think we will not see all time high during Summer. We should see price correction on Bitcoin price chart.
We are close to end of this month. After this month, we should be so careful. Because weekly chart of Bitcoin seems close to correction. Monthly chart of Bitcoin may enter correction in next month.
We will see..