There is major support level on Bitcoin price chart. 81.5K is the older top level on Bitcoin price chart. It works as a suport level now. Even Bitcoin price reversed down from 86K, this support level is trying to support Bitcoin price. It is important level on Bitcoin price chart for short term.
Here you can see daily chart of Bitcoin price chart. There was mini uptrend line on Bitcoin price and ıt is broken down. After breaking down this mini uptrend line, Bitcoin price entered price correction. We were waiting for price correction on Bitcoin price chart. It started. We will focus when this price correction ends.
Here you can see the indicators on daily chart of Bitcoin price. There was mini uptrend line on MACD Indicator and It is broken down MACD Indicator reversed down from the top. There was uptrend line on RSI Indicator and It is broken down. There was also mini downtrend line on RSI Indicator, that resists Bitcoin price. We need to see breaking up this downtrend line on RSI Indicator.
Fisher Indicator is on the bottom and trying to reverse up. If we see more daily green candles It will reverse up.
So, Bitcoin price is at critical level. We will see huge daily candles on Bitcoin price chart after a few days later. It is at decision time. It may break down this support line or It may break up the downtrend line on RSI Indicator.
We will see...
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