Bitcoin Monthly Candle Closed Above $13K That Indicates a Long Term Bull Trend

The monthly Bitcoin price candle closed above $13,000 on the 31st of Oct for the first time since 2017. Bitcoin even reached $14,100 on the last trading day of Oct. The optimistic sentiment on the markets has kept Bitcoin hiking towards a higher price. Especially in the monthly time frame, it indicates there is a long term bull trend ahead of Bitcoin.

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