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In technical analysis, three consecutive green monthly candles on a chart can be a bullish signal for an asset, including Bitcoin. The significance of this pattern lies in the fact that it indicates a sustained period of upward momentum and buying pressure over a three-month period.

In general, green candles on a chart represent bullishness, meaning that the price of the asset is increasing. When three green candles appear in a row, it suggests that the bullish trend is strengthening and that buyers are in control. This can be a positive sign for traders and investors who are looking to enter or hold positions in the asset.

What I covered today and after studying 13 years of data every which way, the monthly is important for the investor psychie.  I also uncovered that on a monthly basis - the Bitcoin Returns after March are the highest over the calendar year in the following 60 to 90 days.  

We shall see if this time around history rings true. 



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Anonymous

Woohoo 🙌🎉

Anonymous

But then she went back to sleep…. 😢

Anonymous

I’d hardly call the 2nd & 3rd confident examples. Strangely, binance btc chart is slightly different than kraken or coinbase.

Anonymous

Tru it's a-waffa-thin. But it's better green than red given the level of algo and algo-inspired trading. Sometimes (not always but sometimes) it's amazing how much difference even a small variance can mean in how algos analyze which way to go. (I even now only theoretically/mentally grasp this instead of practically applying it). (The site I looked at showed FEB as 0.03% up lol).

Anonymous

Posts? We’re a few hours into the month? Why must you force optimism and lose credibility

Anonymous

I think this more conclusively suggests the bottom was in and therefore we can generally be optimistic for the run-up to the next halving. I.e. there is a better chance of more upside than downside.

Anonymous

That means we due to pull back 💪

Anonymous

🤜🏻💥🤛🏻

Anonymous

Certain party’s are directing the price with futures to get the price in a certain narrative and technical constellation. Al is very clear in on chain stats and fire charts. Note I’m not bearish 70% in btc And bullish for the future but just telling after 1 year in crypto it was clear to me I was getting played (FTX made it worse) and after the second year I know where to look for the proof of the scam pump and dumps buy walls and sell wals spoofing and so on. 🤗