BTC’s Monthly Chart Just Turned Green

BTC just closed with a green monthly candle – not a stunner by any stretch of the imagination but up nonetheless. This continues Bitcoins pattern of never printing red more than six months in a row.

Does this mean, the rocket is primed – perhaps not yet but a good sign all the same. I remain a dollar cost average buyer of BTC every week.

https://www.tradingview.com/x/k3nVVc6Y/

The weekly chart remains sobering. Accumulation is the name of the game for the coming months. A drop to $3100 would see me buy-in but below that, the floor is a long way down.

The ‘this isn’t

About the author: TIMM Trader
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