Bitcoin from the monthly view gives us a very clear indication o where we are in this cycle, specifically compared to the previous cycle.
A few points that are noteworthy from this perspective:
❗ Perfect Elliot Wave Theory playing out ❗ Currently in Corrective wave 3-4 ❗ Still making HIGHER lows, still bullish
I've said this last year, and I'll say it again now - BTC loves Decembers. This month is notoriously bullish for Bitcoin. It's likely that we spend another few weeks before starting to move in that direction. Also remember that a consolidation under resistance is always a BULLISH sign.
Don't miss yesterdays update on SEI, where a good buying zone is approaching:
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