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Bitcoin closed the monthly chart today (see Chart 1), let's take a look 👇
1. From the monthly MACD above the zero line to the monthly RSI (24) at 50, Bitcoin still remains in a long-term bullish trend. (Note: This is a long-term monthly bullish trend! Currently, on the monthly level, the trend is still bearish, and downward movement still indicates a bearish pattern!)
2. My judgment for the bottom area is between 55,000 and 60,000! Not investment advice!