Bitcoin Price Tested to B reak Down Great Support Line Again

There is great support line on Bitcoin price chart. After Trump move, Bitcoin price went down and touched again this support line. This is second time that Bitcoin price tried to break down great support line. It may be hard to break down. If it breaks down, lots of altcoin will go down to 0.

Here you can see daily chart of Bitcoin. It may be the end of crypto story if Bitcoin price breaks down this great support line.

I don!t think that Bitcoin price will break down this great support line.

Here you can see the indicators on daily chart of Bitcoin. This is why I don't think to see break down.

There is great positive divergence on RSI Indicator. Even RSI Indicators bottom are increasing, price is going down. This is one of the major reason that I am waiting price reversing up.

Fisher Indicator is also at good level to reverse up. MACD Indicator may reverse up from this level.

These are the reasons that Bitcoin price may go up. If it goes up in a few days, it will try to break up great downtrend line coming from 108K.

We may see good days at the end of April. If not, the worst days are coming soon.

But I think Good days are coming soon.

We will see..

Posted Using INLEO