This is the MONTHLY chart for Bitcoin.

In May, Bitcoin drew a very robust green buying candle.

It drew its new all-time high at 111,980K,

And this morning it corrected to its MONTHLY VWAP (monthly average price of an asset) at 103,068K.

I believe it reached its BOTTOM precisely when it retreated to its VWAP, which is a powerful support!

The FED MINUTES brought information that unemployment is increasing and inflation is consolidating.

We had a private meeting between President TRUMP and FED Chairman Jeromy Powell.

We received information that China is not complying with the tariff agreement signed with the United States of America.

We also received information that Ellon Musk has left the Trump Administration and will only be an Advisor to President TRUMP.

Naturally, all of this ends up shaking up the financial markets, and that is what happened.

But never forget two very important things:

First: Bitcoin emerged precisely as a counterpoint and alternative to all this collapse and crisis in the traditional financial market;

Second: Bitcoin, our King, is rising COLLAPSING, but rising!

And it is rising towards 150K, being fed with the liquidity of TRILLIONS OF DOLLARS that will come to save the bankrupt American economy.

In view of this, be alert and well positioned!

Be well positioned in GOOD ALTCOINS.

June will be a wonderful month for the Crypto world!

Luis Almeida - CEO VITRA BLOCKCHAIN