Our Bitcoin price prediction from yesterday was spot on:
There’s not much on the lower time frames to suggest a reversal or slowing of bullish momentum. We saw another bull flag pattern this morning, which is targetting our 61165 level.
The only issue is that we say goodbye to March today. Monthly (and 3-monthly) closes create mad volatility and could magnetise price action around 58354.
So, let’s remind ourselves that any close above 58354 is super bullish for the long-term (monthly) picture.
It’ll make it 5-in-a-row for higher monthly closes.