The monthly TF shows that the situation for BTC is quite bullish. The cryptanalyst and blogger Titan of Crypto (83.73 thousand subscribers) came to this conclusion:
“The Bitcoin bull market is still alive. 🐂🚀
Bitcoin (BTC) forms a bullish doji candle on the monthly chart.
While many were already predicting a bear market, I urged you not to fall into the trap of manipulation.
Market sentiment is the most reliable indicator.”
The July candlestick really looks bullish so far. Plus, historically, July is the third most bullish month for#BTCafter October and February. Even taking into account the fact that the asset did not have many cycles to draw clear conclusions. True, the month is not yet closed.
