I think it is possible that 15,600 is the deep price of Bitcoin and it will not return to this price.
Due to the period of decline in the previous 2 periods. (12 months) and RSI 7 in monthly chart 2 monthly Heikin Ashi candles and the second one without shade (not closed yet)
On the other hand, the market is always surprises. That is, when everyone is waiting for the prices of 13,000 and under 10,000, it may not happen. (As for 80k and 100k in the previous cycle)
Also, S&P has improved and is breaking out
This prediction is possible if the green monthly candle closes this month.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.