Mini Uptrend Line and Great Downtrend Line Will be Crossed on Bitcoin Price Chart

There is mini uptrend line after touching 58K USD. It supported Bitcoin price and Bitcoin price went up slowly. There is also great downtrend line on Bitcoin price chart coming from all time high level. They will be crossed each other in a few days.

Here you can see daily chart of Bitcoin price. There was mini downtrend line on Bitcoin price chart and It is broken up. After breaking up this mini downtrend line, we have not seen restest. Bitcoin price supported by mini uptrend line.

These uptrend and downtrend lines will be crossed each other until the beginning of August. We will see daily huge candles after crossing.

Here you can see the indicators on daily chart of Bitcoin price. There is great downtrend line on RSI Indicator. Even it seems broken up a few weeks ago, It is only a bullish trap. There are mini uptrend lines on RSI INndicator. You can see what happened after breaking down these mini uptrend lines.

There are also mini uptrend lines on MACD Indicator. Fisher Indicatore reversed up close the top.

We may see mini bullish trend until the beginning of August. After this date, we should be careful for possible price drop.

There is possible triple bottom pattern on Bitcoin price chart. It may support Bitcoin price while possible price drop.

We will see..