#Bitcoin just closed another monthly candle above support

The price broke out above the last monthly resistance back in March and has now turned the level into support.

For the past few months, price has been going sideways above the previous ATH

In an uptrend, it's normal for the price to move sideways before a big move.

Last year, from March to September, the price stayed flat for 7 months before it broke out and surged by 178%.

So, even though it might seem boring, this kind of sideways movement usually comes before a massive move.

If we see a similar 178% surge on the current range breakout, we are looking at $188,000 👀

$BTC