BITCOINS HISTORICAL MONTHLY CHART - May Update!

BITCOIN'S HISTORICAL MONTHLY CHART - May Update!

By Redhead.cro | Trevor Balthrop | 5 May 2021


Hello out there in the world of Bitcoin and Crypto!


My name is Trevor and today I share with you the updated monthly historical chart for Bitcoin!



Bitcoin's Historical Monthly Chart

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April has officially come to an end!

Just as predicted in last month's update, April ended Red.

April 1st opened at $58,950 .00 and closed April 30th at $57,750.00.

That is a decrease in Bitcoin's price of about 2.08% roughly.

This means going into May 1st, we have an opening price now of $57,750.00.

Extremely exciting times right now for cryptocurrency!

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It will be very interesting to see how the price moves this month.

Feelings are mixed but overall still bullish and confident that the Bull Market is continuing.

However!

With these mixed feelings and some recent price corrections, the month could go into limbo.

The Open and Close were only 2% away which makes this month a lot more 50/50 in terms of where it could end up.

I personally think May will end Green, but only just barely!

Of course, it would be better for the price in later months for it to end Green.

As always though, this is just a guess and we could very well see yet another Red month.

A Red month might cause more fear yet long term create better investment opportunities now before things get crazy again.

What do you think by looking at this chart?

Will May, be another Red month like April here?

Or will Bitcoin start to go up again and end this month in the Green?

Let us know in the comments!

That's all for this here today, thanks so much for stopping by.

I hope everyone has another BEAUTIFUL day in Crypto and I will see you in the future!


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Trevor Balthrop
Trevor Balthrop

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