Technical analysis by Orriginal about Symbol BTC on 6/2/2025

Orriginal

May Closed GREEN, and We are currently on a Very small Green candle for the month open.Last month, in this series of monthly charts posts, I mentioned this.."On only 2 occasions have we had a GREEN JAN, RED FEB, RED MARCH, GREEN APRILAnd Both of them were on the way to ATH. ( Arrows )On both those occasions we had a GREEN MAY, though the gains were minimal and one was followed by a Green June and the other by a Red June."And we just closed May with a minimal GREEN candle.This is important to understand, This month, we have a 50/50 chance of repeating the Green June candle in this pattern.Outside of this pattern, The previous MAY closes, 7 Green to 6 Red.Of the 7 Green, 5 were followed by a Green JuneWith this, we have a higher % chance of a Green JuneOf All previous June Closes, we had 7 Green to 6 Red.Of those 7 previous Green June Closes, 3 were followed by GREEN JulyOf the 6 previous RED Junes, ALL were followed by GREEN JulyWith this in mind, we maybe in a better position if we did close June with a small RED candle, as we did in the 2020 sequence ( right hand Arrow)Should we close June RED, I will then expect a fairly level summer period with PA beginning to start moving again around September / OctoberBitcoin PA is in an excellent position to move higher now though. It is also in an excellent position to move away from previous cycle patterns and begin creating new one.We do have to remain vigilant as markets are moving everywhere and Macro conditions could change rapidlyBut the one thing that seems to remain static is that it is a VERY GOOD IDEA to Buy Bitcoin and HOLD IT