This is the monthly Bitcoin chart showing a double inside bar (2 smaller bars fully inside the range of the June bar.
I interpret this as a bullish continuation pattern.
What this means is that we have a potential low where you could enter or add around $7.4k (although also note the huge support offered in the $9.8k area as a possible entry zone too). The price needs to break the June high of $13.8k.
Note $13.8k is a huge price area for BTC as it is also the close for Nov\Dec ‘18. We break this an I anticipate an ATH would follow pretty quickly.
I interpret this as a bullish continuation pattern.
What this means is that we have a potential low where you could enter or add around $7.4k (although also note the huge support offered in the $9.8k area as a possible entry zone too). The price needs to break the June high of $13.8k.
Note $13.8k is a huge price area for BTC as it is also the close for Nov\Dec ‘18. We break this an I anticipate an ATH would follow pretty quickly.