There was mini downtrend line on Bitcoin price chart coming from 80K, It resisted Bitcoin price for short time. Bitcoin price broke up this mini downtrend line a few days ago. After breaking up this mini downtrend line, Bitcoin price reversed down and touched again this resistance for retest.
Here you can see daily chart of Bitcoin price. After touching this resistance, Bitcoin price got daily huge green candle today. After seeing this daily huge green candle, we may say that it was a retest.
Here you can see the indicators on daily chart of Bitcoin price. There are mini uptrend lines on MACD Indicator. It may be supported by this mini uptrend line.
Fisher Indicator was on the top and reversed down. Even it reversed down a few days ago, we have seen daily huge green candle. It may a signal of mini bullish trend start.
There is mini uptrend line on RSI Indicator. There was also great downtrend line on RSI Indicator. Even it broke up this great downtrend line, we have not seen bullish trend.
58K USD level is great support for Bitcoin price chart. It should be above this support level.
Until seeing breaking down this mini uptrend line, we may see mini bullish season on Bitcoin price chart.
We will see..
