
There is nothing bearish about Bitcoin here. When in doubt, zoom out. All of the market chaos that has just unfolded has happened within that one monthly red candle. A candle that has simply put in a retest of the bearish break of structure, after Bitcoin put in its first monthly higher high in over one year. If you had no idea about the news or narratives, and you simply looked at this chart, you would be bidding hard. Bidding the retest of the breakout is your second best entry after the bottom. The biggest players use the monthly chart and a retest of the bearish break, is something they won't ignore. What they will ignore, though, is the noise and fear. And so should you.
