Doji candle appeared on monthly Bitcoin price chart. I shared lots of analysis and said January would be dump for Bitcoin price. It happened. Doji candle is on Bitcoin price chart. It is very bad to see during bullish trend. It may be the last candle of bullish trend.
Here you can see monthly chart of Bitcoin price. I circled the similarity of Bitcoin price chart. They are in the circles I drew. They are the reserving level of price. We saw doji candles when Bitcoin price trend changed. So, Will Bitcoin price trend change?
I think It is possible to see price correction on Bitcoin Price chart. 8-month moving average is very important level for Bitcoin! Price should not break down this average..
Here you can see indicators on monthly Bitcoin price chart. Fisher Indicator is on the top and will reverse in a few months. It may take a few months for price correction. MACD Indicator is also above 0 level and need to rest before bullish season..
If we see a few price correction until Summer, we may see All time high in this year!
I was waiting for price correction before 2024-2025 altcoin season. It will great time to pick up.
We will see..