Bitcoin Price is on Old Resistance As a Support
After toucjing all time high level at 122K USD, Bitcoin price reveresed down. Bitcoin price broke up the resistance coming from all time high levels. After tocuhing this level It went down and touched again this resistance as a support. I may be a retest for bull run. But Bitcoin price touched again this resistance as a support.
Here you can see 4-hour chart of Bitcoin price. This is 2nd time Bitcoin price touched this support line. It should not be broken down. If it happens, we will see volatility on Bitcoin pric echart with price correction.
I shared a few analysis about Bitcoin price chart and said I was waiting price correction on Bitcoin price chart at the end of this month. This is one of the point why I wait price correction on Bitcoin price chart.
Here you can see the indicators on daily chart of Bitcoin price. Fisher Indicator reversed down. MACD Indicator is close to touch great resistance. MACD Indicator is important to see the resistance. We may see same move on MACD Indicator. We may see another price pump on Bitcoin price chart before price correction. If not, we will see price correction in a few days. MACD Indicator may try to go up. If not, it will reverse down. It will enter correction.
Bitcoin price is at decision days. It should pump to continue bull run. If not, we will see price correction on Bitcoin price chart in this month.
We will see..
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