Bitcoin BULL RUN Monthly Candle Analysis

Based on an analysis on the monthly candles for Bitcoin, we are 6 days away from closing the highest monthly candle since the high of the previous monthly candle of 2017. In the previous cycle, this same monthly close above the high of the 2013 bull run initiated the beginning of the next cycle. If we can maintain this strength and close the current monthly candle above ~11,700 it would strongly indicate the beginning of a new long-term bull trend for Bitcoin.