After touching 86K USD, Bitcoin price entered mini price correction. While price is going down, mini downtrend line appeared on Bitcoin price chart. Bitcoin price is going down slowly while following this mini downtrend line.
Here you can see daily chart of Bitcoin price. There was uptrend line on Bitcoin price chart. Bitcoin price broke down this uptrend line. Even it is broken down, we have not seen enough price correction on Bitcoin price chart. 81,5K USD was one of important support level on Bitcoin price chart. Bitcoin price tried to stay above this level. Market maker closed the day above this support level. Bitcoin price is at end of corner. We will see breaking up or down. We will see the decision of Bitcoin price. We will see huge daily candles on Bitcoin price chart.
Here you can see the indicators on daily chart of Bitcoin price. There was uptrend line on this indicator and It is broken down. There is downtrend line on RSI Indicator. It is getting greater day by day. It should be broken up to see the new bullish trend on Bitcoin price chart. Fisher Indicator is on the bottom and trying to reverse up. There was uptrend line on MACD Indicator and It is broken down. When we look at these major indicators, it is possible to see breaking down 81,5 K USD level. Market maker always makes fake moves. While market is waiting to see breaking up downtrend line on Bitcoin price chart, we may see breaking down support line.
75K USD level is the next major support level on Bitcoin price chart. If we see market drop, we may see Bitcoin price touching this support line.
We will see..
Posted Using INLEO
