Bitcoin Price is Solid While Stock Market Crash
There is stock market crash. I shared lots of analysis and said I was waiting price pump on crypto market until the beginning of April. It came. But There is stock market crash in the World after Trump move.
Even there is one of the biggest stock market crash, Bitcoin price seems solid. ıt is trying to be stable during crash.
Here you can see daily chart of Bitcoin. There was great downtrend line on Bitcoin price chart. If there is no market crash, Bitcoin price would break up this downtrend line and would enter bullish trend as my analysis.
Here you can see the indicators on daily chart of Bitcoin. All of downtrend lines of the indicators are broken up. Bitcoin price should go up but there is downtren line on price chart.
There is also great support line on Bitcoin price chart. Downtrend and great support lines will crossed until end of April. It is so hard to break down great support line on Bitcoin price chart. Even we saw market crash in this week, Bitcoin price is away from great support line.
So, Bitcoin price will break up great downtrend line until end of April.
I delayed the result of my analysis. I am waiting bullish move on crypto market until end of April.
There are lots of hidden bullish signal even there are lots of FUDs.
We will see..
Posted Using INLEO