$BTC Monthly Analysis
BTC is following a larger cyclical pattern. In history, it has been observed that after each major Accumulation Phase, there has been a strong Expansion. Based on the current market structure, it seems we may enter another Re-accumulation and Expansion Phase.
If the historical cycle pattern continues, then in the next major move there may be a significant bullish possibility in the market. However, along the way there may also be some Volatility and Consolidation.
BTC is following a larger cyclical pattern. In history, it has been observed that after each major Accumulation Phase, there has been a strong Expansion. Based on the current market structure, it seems we may enter another Re-accumulation and Expansion Phase.
If the historical cycle pattern continues, then in the next major move there may be a significant bullish possibility in the market. However, along the way there may also be some Volatility and Consolidation.
