Killa|8月 28, 2026 11:08
We’re approaching the monthly close, a key date for BTC.
There’s no denying how impressive this monthly candle is. Bitcoin has printed a huge move to the upside, something we haven’t seen in a while.
Now, the focus shifts toward the monthly open, which I believe will be a major determining point for what happens next.
If BTC continues pushing aggressively into the new monthly open, I’ll be watching for a sweep of the highs followed by a reversal, potentially leading to weakness during the opening days of the month.
On the other hand, if we start selling off into the monthly open pivot, that could create the conditions for a strong rally once the new month begins.
Given the strength of this monthly candle, another scenario is relatively simple: a short-term pullback, the formation of a higher low, and then continuation higher.
Watch the structure. Watch the sentiment. Most importantly, watch how BTC trades into the monthly close.
The narrative leading into this date will tell us a lot about what comes next.(Killa)
Share To
Timeline
HotFlash
APP
X
Telegram
CopyLink