Why the monthly candle for #bitcoin matters
- Bitcoin monthly closes confirm long-term trends
- Highlight support/resistance (key levels pre-big moves)
- Show volatility/momentum for risk adjustment
- Impact trader psychology (round numbers)
- Aid multi-timeframe analysis
- Align with institutional strategies (They act on monthly candle timeframes)
- Reveal historical patterns (fractals like previous bull top)
Let me explain
https://www.youtube.com/live/uMFbfe01iMo?si=lHQB62mg1m4RESGz
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