Why Tomorrow’s Monthly Close In Bitcoin Could Be Its Most Critical Yet
In financial markets, high timeframes are the most important when it comes to technical analysis and influence on the overall trend. The same is true for Bitcoin, and all eyes are on tomorrow’s January monthly candle close.
Depending on how and at what price point tomorrow’s candle closes, it could determine Bitcoin’s trend for the next year or more, suggesting that tomorrow night’s daily and monthly close could be the crypto asset’s most significant yet.
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