Even WW3 Began, Bitcoin Price can not Break Down Support Line

avatar

There was support line on Bitcoin price chart coming from 60K. Today WW3 started. Even WW3 started, Bitcoin price can not break down this support line. It is good view for Bitcoin price chart.

Here you can see daily chart of Bitcoin price. I drew support line coming from 60K. Bitcoin price touched this support line 3 times. It is getting greater after touching more. We may see huge price drop after breaking down greater support line.

If WW3 gets bigger, Bitcoin price may break down this support line. There was the same support line coming from 82K, You can see what happened after breaking down this support line. Bitcoin price is trying to complete consolidation after big price drop. It may be early to break down.

e1.PNG

Here you can see the indicators on daily chart of Bitcoin price. MACD Indicator is on the bottom and going up slowly. It may be early to break down. There is also support line on RSI Indicator. We should see breaking down in this indicator.

Fisher Indicator seems irregular. So, Bitcoin price is trying to make consolidation time.

e2.PNG

It is good to see solid Bitcoin price while WW3 starting. It is important to see the performance of Bitcoin price during WW3. I hope WW3 will not take long time. We need peace..

We will see..

Posted Using INLEO



0
0
0.000
0 comments