Bitcoin Price is Going Down Through The Bottom Line of Ascending Channel

Bitcoin Price is going down slowly. I shared lots of analysis about Bitcoin price chart and I said 75K and the bottom line of ascending channel will be great support level for Bitcoin price chart. Bitcoin price broke down the middle line of this channel. We will seee how these great levels will support Bitcoin price.

Here you can see daily chart of Bitcoin price. Bitcoin price is in great ascending channel after touching 60K. Bitcoin price broke down the middle line of this great channel. 75K USD is old support level for Bitcoin price chart. Ut should support Bitcoin price.

Here you can see the indicators on daily chart of Bitcoin price. There was great downtrend line on RSI Indicator. Even It is broken up, we have not seen enough bullish trend on Bitcoin price chart. There was mini uptrend line on this indicator and It is broken down.

MACD Indicator reversed down from the top. We need time to complete correction on MACD Indicator.

Even Fisher Indicator was close to the bottom, it is continuing to go down.

It is less possible to see support by 75K USD level. It is so possible to see the bottom line of this ascending channel.

Bitcoin price should not break down the bottom line of this great ascending channel.

We will see...

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