Bitcoin price went up fast from 60K to 80K. It got dailly huge green candles and touched 79K. Bitcoin price should make higher high in this bullish trend. 82K USD is the top level of previous bullish trend. We should see higher level.
Here you can see daily chart of Bitcoin price. There was great downtrend line on Bitcoin price chart coming from all time high. It is broken up. I shared lots of analysis about this great resistance. You can see what happened after breaking up this great resistance. Bitcoin price also broke up 200-day moving average.
Here you can see the indicators on daily chart of Bitcoin price. There was great resistance on RSI Indiciator. It is broken up. This great resistance resisted RSI Indicator more than 6 times. After breaking up this resistance, RSI Indicator reached over bought level.
There were mini uptrend lines on MACD Indicator. They were broken down. Even MACD Indicator broke down this last mini uptrend line, we could not see price dump.
We should follow RSI Indicator. We may see correction on this indicator.
There is same resistance on weekly chart of RSI Indicator. We will focus this resistance after breaking up daily RSI Indicator.
We will see...
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