Bitcoin’s Bulls Now Have a Target of $13.2K, Monthly Chart Suggests

2019-8-14 14:00

Bitcoin now needs to break above $13,200 to revive the stalled bull market, a key monthly chart pattern suggests.

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suggests monthly bitcoin chart revive stalled pattern

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November on average the best-performing month for Bitcoin, January poorest

Historical price-action dating back to 2012 suggests January is the poorest-performing month for Bitcoin, while November may bode best for the bulls. Research shared Twitter user @Bitdealer_ shows that average returns for each monthly change in Bitcoin’s price since 2012, calculating seven-and-a-half years of data from January 2012 to June 2019.

2019-7-26 14:14