Bitcoin Price is Trying to Find Support Level

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After breaking down mini uptrend line, Bitcoin price is trying to find support level. I shared a few analysis about Bitcoin price chart and said I wass waiting to see breaking down of mini uptrend line of Bitcoin price chart. It happened.

Here you can see daily chart of Bitcoin and my draft. Even Bitcoin price touched all time high in May, I was waiting price correction. It started. After breaking down mini uptrend line, we would see huge red candles on Bitcoin price chart. It happened. The first support level is at 92K. We may see Bitcoin price supported by this level.

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Here you can see the indicators on daily chart of Bitcoin. This is why I was waiting for price correction. There was great bowl pattern on RSI Indicator. Bitcoin is close to touch this pattern. It need a few red daily candles. end of July may be the bottom of this bowl pattern. I shared lots of analysis and showed you this pattern. You can not find this pattern in anywhere..

There is similarities between past and now in MACD Indicator. Bitcoin price is moving as same. There is downtrend line on Fisher Indicator. So, Bitcoin price may be under pressure until end of July.

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My bowl pattern analysis is perfect. I focues RSI Indicator on Bitcoin price chart and I saw the similarities. Bitcoin has lots of bowl pattern in RSI Indicator. We are going to the bottom of this pattern.

We will see..

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