Is the Bitcoin Bull-Run start?? monthly chart structure!!

Technical analysis: #BITCOIN (Monthly update)

* BTCUSD is taking support from Raising wedge Pattern Trend line in Monthly time frame and

break out the falling wadge pattern.

*Bitcoin Bulls are Regain the 50-MA is Good sign but need to Reclaim the 29k Horizontal Resistance as support as well as 21-MA for further Upside movement ..

*The price is trading ABOVE both 50- MA as well as trend line is LOOK Bullish but need to trading above 21-MA as welfor confirmation for bull run //

* RSI is Trying to break the Down Trend line , if price could break it then it will take momentum from here..

🥰If you find this helpful and want more FREE forecasts in Tradingview😍.

Please show your support back🙏,
Hit the 👍 LIKE button,
Drop some feedback below in the comment✍️!

❤️🤝 Your Support is very much 🙏 appreciated!❤️🤝
💎 Want me to help you become a better Crypto trader?

Now, It's your turn!
Be sure to leave a comment; let me know how you see this opportunity and forecast.

Trade well, 💪
#bitcoin #crypto #nextmove #bullmarket #sideways #btcusdt #monthlyclosed


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.