BTC M Let's take a look at the monthly chart and review the price trends after long upper shadows on past monthly candles. The pattern summarized is: after a rise, there's stagnation, followed by a brief rebound, and then a multi-month correction. There have been two instances where the rebound was quite strong, hitting new highs before correcting again. This kind of monthly chart can serve as a warning signal—momentum is starting to weaken, and the bulls and bears are beginning to diverge. For short-term traders, stick to your own trading cycle. The monthly chart is just for fun.