Bitcoin - The 6 Monthly MA's Position Dictates The Bull Run

A monthly green candle must close above $8700 to stay above the 6 Monthly Moving Average (White Line).

Price must continue to hover above the 6 Monthly MA.

In doing so, the probabilities of the next bull run from happening increases.

There are still 9 days left before the month of January ends.

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If Bitcoin dips to $8350 or lower and stays below the 6 Monthly EMA by the time January ends, then we might be seen a hard dump and we'll be looking at this chart.

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A New Monthly Candle Has Started. Bitcoin Is Above The 6 Month Moving Average. Very Very Bullish!!!