Bitcoin's Monthly Closes Keep Climbing From Its Summer Low As Ben Cowen Says Burden Of Proof Has Shifted To Bears

macro

Bitcoin’s monthly closes have continued to rise from its summer low, showing sustained improvement in price structure. Analyst Ben Cowen says the burden of proof has shifted to bears, who must now show that the recovery is failing. The trend is constructive for Bitcoin, though rising monthly closes do not rule out a reversal.

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