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🚨#Bitcoin monthly outlook 👀✨️
Bitcoin $BTC has just closed another monthly candle beneath the 50-month moving average, marking its weakest level in over two years.
Historically, bitcoin tends to follow a repeating four-year cycle.
If that pattern continues, the market could see one final shakeout over the next 2–3 months before the next major bullish phase begins.
For the trend to turn convincingly bullish, #BTC must reclaim the 200-week moving average around $62,648. until then, bears still have the advantage.
During the previous cycle, the best long-term buying opportunities appeared after bitcoin lost the 50-month moving average while both the rsi and macd reached fresh cycle lows.
Patience now could be rewarded when the next trend reversal arrives.
#SummerCreationCamp
$BTC