Bitcoin Price Supported by Mini Uptrend Line

1 day ago

There was mini uptrend line on Bitcoin price chart. After touching 58K, Bitcoin price went up slowly and mini uptrend line appeared on Bitcoin price chart. There is also great downtrend line on Bitcoin price chart coming from all time high.

Here you can see daily chart of Bitcoin price. These mini uptrend and great downtrend lines will cross each other until the beginning of August. Full moon is coming soon. We may see breaking down during full moon. Bitcoin price touched mini upternd line 4 times. We will see daily huge candles after breaking up or down.

Here you can see the indicators on daily chart of Bitcoin price. This is why it is so possible to see big daily candles after breaking up or down. There are mini uptrend lines on these major indicators. MACD Indicator may break down mini uptrend line. RSI Indicator stuck between great resistance and mini uptrend line. You can see what happened after these major indicator broke down these mini uptrend lines.

Fisher Indicator reversed down and going down.

We should be careful until the beginning of August. We should see the decision of Bitcoin price. It is so possible to see breaking down.

We will see..

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2 comments

@kryptonita 71

1 day ago

@chorock, cuando decís "It is so possible to see breaking down", ¿eso incluye datos de exchanges o solo on-chain?

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@hivebuzz 74

about 22 hours ago

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