BTC Monthly Chart Update:
Here’s a simple yet effective analysis of BTC. $BTC has been printing red monthly candles for the past four months. While short-term charts have been choppy and unreliable, the monthly chart gives a much clearer view of the broader market structure.
There is a strong support zone between $60k and $71k, which looks like a high-liquidity accumulation pocket. This range is expected to hold BTC and ideally show a clear rebound from this area.
We’ll keep the strategy simple and long-term:
~ Accumulation range: $60k–$71k
~ Target: $120k and above
~ Stop loss: Monthly candle close below $60k
~ Trade type: Spot
Patience is key here — this setup is focused on the bigger picture, not short-term noise.
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