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Monthly Open Preview โ February Could Kick Off With a Move ๐จ
Bitcoin is approaching its next monthly open, and past cycles show a familiar pattern: in 6 of the last 7 monthly opens, BTC saw an initial 4โ5%+ move before establishing a clear trend. That opening impulse is important.
What to watch:
If bearish sentiment dominates into Januaryโs monthly close, February could start with a relief rally in the first few days โ markets often punish the consensus.
If sentiment turns bullish heading into February, the month may begin with an early spike, followed by distribution and a gradual decline through the rest of the month.
Same overall structure, but two possible outcomes โ timing is key.