Bitcoin is showing signs of a potential market shift on the monthly timeframe, with long-term data suggesting a broader directional change. Market analyst Lennaert Snyder pointed out that 97.7% of monthly highs and lows occur within the first 15 days, and 80.7% of months see new price peaks after the 17th day. This pattern suggests upward momentum for Bitcoin this month.
A crypto trader known as Killa observed that Bitcoin has broken from its usual 14th-day pattern for the first time in seven months, indicating a subtle but meaningful shift in behavior. While this deviation does not yet invalidate the overall trend, it alters how the price reacts around key pivots.
With the FOMC meeting approaching, institutional investors are positioning ahead of the event. Recent CPI data did not trigger a significant move, leaving room for the upcoming FOMC decision to act as a potential inflection point.