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BTC monthly close focus sharpens
Covering the impetus for the post-Fed drop, trader Crypto Ed suggested that the prior tap of month-to-date highs could be a cause for suspicion.
Related: Bitcoin all-time high in 2025? BTC price idea reveals ‘bull run launch’
On longer timeframes, trader and analyst was also conservative, preserving his existing theory of BTC price downside to come.
On the monthly chart, he added, support at $27,150 had flipped to resistance.
“The BTC Monthly level of ~27150 was lost as support last month,” part of his commentary from the past 24 hours read.
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