There was falling wedge pattern on Bitcoin price chart. I shared an analysis about this pattern and I said It was possible to see breaking up the top line of this pattern. After I shared this analysis, Bitcoin price broke up the downtrend line on falling wedge pattern. After breaking up this resistance Bitcoin price touched 81,5K USD.
Here you can see daily chart of Bitcoin price. Even Bitcoin price broke up the resistance, There is still lower high pattern on Bitcoin price chart. Bitcoin price should break up 82,5K USD in this mini bullish trend. If not, Bitcoin price will be in bearish season again. It is so important to see higher high pattern on Bitcoin price chart to change the trend.
Here you can see the indicators on daily chart of Bitcoin price. There was mini downtrend line on RSI Indicator and It is broken up. There is still uptrend line on RSI Indicator. We will see bullish trend until end of this uptrend line.
MACD Indicator is close to reverse up. Fisher Indicator is on the bottom and reversed up. We may see uptrend for a few days. Bitcoin price should break up 82,5K USD in this bullish trend.
82,5K USD is great resistance on Bitcoin price chart. Bitcoin price should break up this resistance in a few days. If not, we will see price correction on Bitcoin price chart.
We will see..