Bitcoin Price Can not Go Up Even It Stays Above Mini Downtrend Line
There was mini downtrend line on Bitcoin price chart. Even it is broken up a little, Bitcoin price can not go up fast. Mini uptrend line on Bitcoin price chart is following the price. We should see huge price moves on Bitcoin price chart.
Here you can see daily chart of Bitcoin price. This is why I say that we should see huge price moves in next days. There is crossing of mini up and downtrend lines. After this crossing it is so possbiel to see huge price moves. I think we will not see all time high in this Summer.
Here you can see the indicators on daily chart of Bitcoin price. This is why I don't think that we will see all time high in this Summer. Fisher Indicators is on the top. It should enter correction. MACD Indciators is trying to go up. If we see a few daily red candles, we will see reversing down on MACD Indicator. There are lots of same bowl pattern on RSI Indicator. We should see touching the bottom on RSI Indicator.
So, It is so possible to see price correction before all time high.
It is great level and time to pick up discounted crypto on market. We should get ready for after August. It is so possible to see bullish attacks on market after August.
We will see..
Posted Using INLEO
Interesting analysis! 📉 Looks like August might bring some actionwatching closely for those bullish signs after the correction.
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