✉news BusinessCrypto first seen 1 d ago, last 8 h ago, peak #2
Bitcoin's Monthly Closes Climb As Analysts Turn Bullish
Original: Bitcoin's Monthly Closes Keep Climbing From Its Summer Low As Ben Cowen Says Burden Of Proof Has Shifted To Bears
Bitcoin's monthly closing prices have continued to rise from its summer low, extending a steady recovery. Analyst Ben Cowen argues that the burden of proof has now shifted to bears, meaning skeptics must justify why the uptrend should fail rather than bulls proving it will continue. Traders are watching whether the higher monthly closes can hold as confirmation of a broader reversal in the cryptocurrency's price action.
Why now: Bitcoin's recovering price trend and a prominent analyst's bullish shift are fueling debate over whether the downtrend is over
Rank over time, top of the chart is #1. 11 snapshots from 1 d ago to 8 h ago.
Evidence
- Bitcoin's Monthly Closes Keep Climbing From Its Summer Low As Ben Cowen Says Burden Of Proof Has Shifted To Bears · stocktwits.com
- Bitcoin's Monthly Closes Keep Climbing From Its Summer Low As Ben Cowen Says Burden Of Proof Has Shifted To Bears · TradingView
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