BTC Monthly Analysis: Bitcoin Reclaims 12-Month Moving Average, Signaling Potential Long-Term Trend Reversal

Bitcoin began the month trading near 9.92 million JPY and has seen strong buying pressure, pushing the price toward 12.6 million JPY. Bitbank's chart analysis suggests that reclaiming the 12-month moving average on the monthly timeframe indicates a potential reversal in the long-term trend.