ScottMelker

Bitcoin Notches Highest Monthly Close Ever

BITSTAMP:BTCUSD   Bitcoin
Bitcoin managed to close above the monthly candle above the previous all time high of $69,000. This was the final meaningful time frame to accomplish this feat. While we are seeing a dip today to test that level as support again, it is still quite encouraging to officially be in price discovery on the monthly chart.

We remain in a bull market, where dips are for buying. There’s not much else to see here.

scott.melker@texaswestcapital.com
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