Bitcoin continued to make a downward pivot on the monthly chart, I believe it was due to the high buying interest from the small investors in the last 30 days. But of course there are other factors like miner selling and terrible macroeconomics! Especially the rise of the SP 500 and gold! Today the bear market is confirmed!

Keep only the holds, as there is still a lot of liquidity accumulating above, but the knife is still falling!

To regain momentum, it would need to stay above 87k, currently!

Don't forget to do your research! We are doing this every day, and if there is any news contrary to this analysis, we will let you know!