There is great resistance on Bitcoin price chart coming from all time high level. I shared a few analysis about this great resistance. It was hard to break up. Bitcoin price can not break up this great resistance.
Here you can see daily chart of Bitcoin price. There was mini uptrend line on this chart. Mini uptrend line and great resistance would be crossed each other and It happened. Bitcoin price broke down mini uptrend line. After breaking down this mini uptrend line, Bitcoin price touched great resistance. It could not break up even it touched this great resistance.
Here you can see the indicators on daily chart of Bitcoin price. There are lots of mini uptrend lines on major indicators. Fisher Indicator touched this mini uptrend line. We should see reversing up after touching this mini uptrend line. If not we may see market crash.
There are lots of mini uptrend lines on MACD Indicator. MACD Indicator broke down this mini uptrend line. You can see what happened after breaking down this mini uptrend line.
There are mini uptrend lines on RSI Indicator. RSI Indicator broke down this mini uptrend line. You can also see what happened after breaking down this mini uptrend line.
We are close to the new market crash. We should be careful. We will look great support line that support Bitcoin price for three times.
We will see..
Posted Using INLEO
