Been studying the Bitcoin monthly chart closely and the structure is at a major decision point right now.
Key observations: — Price retesting major breakout zone
50 EMA confluence at $66,000
Ascending trendline respected since 2019
Two clear scenarios playing out
This analysis got selected as Editor's Pick on TradingView today. Full breakdown with both bull and bear scenarios here 👇
https://i.redd.it/t5t3ldab83zg1.png
Posted by UniChartz