TECHNICAL ANALYSIS FOR BITCOIN PRICE MONTHLY CHART ๐
As I said yesterday make sure you love educational content, not Signal content.
This is educational content in which you should identify the Bitcoin price behavior where it comes from and where is going. Why did I say the bull run might be begun? ๐ โ Here are the reasons when you see on Monthly Chart.
#1 The price of Bitcoin was around $28K this was acting as a support and resistance line. (Resistance line when Bitcoin was below $28K-)
#2 Indicates Support #1 has been broken ๐ which was acting as resistance and now acts as a support line.
#3 also indicates resistance for the price around $48K
#4 Is another resistance which is $64K
#5 Is the major Resistance which is $69K
to know the whole market behavior, be close to the Bitcoin price
$BTC #crypto2023