There was mini uptrend line on Bitcoin price chart. Bitcoin price is in an ascending channel after touching 60K. It is going up slowly between top and bottom lines of this channel. The middle line of this channel is one of the resistance on Bitcoin price chart. After touching the bottom line of this channel, Bitcoin price went up slowly and broke up the middle line of this channel.
Here you can see daily chart of Bitcoin price. After going up slowly, Bitcoin price reversed down from 78K USd level and broke down mini uptrend line. After breaking down this mini uptrend line, Bitcoin price got a few daily green candles and touched again this mini uptrend line. It retested this mini uptrend line. After touching this old mini uptrend line, it may reverse down. This uptrend line may work as resistance.
Here you can see the indicators on daily chart of Bitcoin price. There is mini uptrend line on MACD Indicator. If we see daily red candles, We will see breaking down this mini uptrend line. There is also mini uptrend line on RSI Indicator. If it breaks down, we will see huge price drop on Bitcoin price chart.
Fisher Indicator is trying to reverse up. We should see reversing up from bottom on Fisher Indicator.
Next week will be important for Bitcoin price chart after touching this mini uptrend line. We will see the reaction after restest of mini uptrend line.
We will see..
