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Bitcoin’s Monthly Candle is About to See Its Most Bullish Close Since 2017

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  • Bitcoin and the aggregated crypto market are currently flashing some signs of tempered strength as most assets push higher
  • BTC is still caught within a consolidation phase within the lower-$11,000 region
  • Strength in other assets, like Ethereum, may help guide the benchmark crypto higher in the days ahead
  • One analyst is now noting that BTC is about to post one of the most bullish monthly candles it has seen since late-2017
  • As long as BTC’s price remains steady throughout the next couple of hours, this will be the first time that its price has closed its monthly candle above $10,700 …

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