Bitcoin price tocuhed great resistance. Even Bitcoin price broke up great triangle, it touched great resistance and It is hard to break up this resistance. Bitcoin price may not go up after touching this ressistance.
Here you can see daily chart of Bitcoin price and the indicators. There is great downtrend line on RSI Indicator and Bitcoin touched there. It is so possible to see breaking down after tocuhing this downtrend line. It is so possible to see big price dump on Bitcoin price chart after touching this great resistance. You can see what happened before.
There are also uptrend lines on RSI Indicator, MACD and Fisher Indicators. These uptrend lines on major indicators may be broken down if we see price dump on Bitcoin price chart.
Here you can see weekly chart of Bitcoin price. Bitcoin price chart got huge weekly candle. You can see what happened when Bitcoin price got huge weekly candle. It was a fake bullish trend and Bitcoin price reversed down.
If great resistances resist Bitcoin price, We may see reversing down. This bullish trend will be fake bullish trend before big dump.
So, we should be careful possible bearish trend on Bitcoin price chart. You can see what happened after reversing down this great resistance. If Bitcoin price breaks up this resistance it will go up to all time high. But there is no reason to tocuh all time high.
We will see..
