Good evening to you all 👏
Learn and pay attention, my brother and sister, to what can happen before the monthly close.
Imagine that if Bitcoin drops before the monthly close to demand zones, this would be the best scenario that could happen for the market?!
Simply, we have demand zones — areas where previous buy orders occurred and the price bounced back from — at $102,680 and a second area at $100,750.
If this drop occurs before or at the monthly close in a few days, it means that starting from the second week of June until the end, the market will witness significant rises in alternative currencies.
On the contrary, if the month starts with a rise and positivity for Bitcoin without any drop, it will first go to create a new peak, but the altcoins will not benefit much from Bitcoin's rise in this case, and then we will immediately enter a boring sideways range followed by a drop, and all of this during the coming month of June.
🗼 In summary: If Bitcoin drops to the demand zones at the monthly close and the first day of June starts negatively, rest assured that the situation will be excellent for most of June. 🚀
This is a rule, by the way, that you can apply at the close of every month, and you can also apply it to any currency.