There was three successive green monthly candles on Bitcoin price chart. These were good bullish candles on Bitcoin price chart after price correction all time high level. We have not seen these successive green monthly candles on Bitcoin price chart after all time high level. Bitcoin price resisted by 86K USD level. 

Here you can see monthly chart of Bitcoin price. Even Bitcoin price got monthly red candle in last month, It closed the month above 8-month moving average. This average is so important signal for long term. Bitcoin price broke up this average 2 month ago. It may be early to break it down again. We may see more months beging above this average. 

Here you can see the indicators on monthly chart of Bitcoin price. MACD Indicator is close to reverse up. It need a few months to reverse up. Fisher Indicator reversed up from the bottom. There is great downtrend line on RSI Indicator. We need to see breaking up this great resistance.  

If we see more monthly green candles, most of major indicators will be at bullish side.

It was so possible to see monthly red candle after three successive monhtly green candles. It happened. It is good to see Bitcoin price above 8-month moving average. We need to see Bitcoin price above this major average even we see monthly red candle in this month. It may be preparation for bullish run. 

We will see..