Bitcoin price touched 86K USD again and reversed down. After touching this level, mini double top pattern appeared on Bitcoin price chart. We have seen 3 daily red candles in this week and Bitcoin price is below 8-day moving average.
Here you can see daily chart of Bitcoin price. I shared a few analysis and pointed possible price correction on Bitcoin price chart. We may see price correction on Bitcoin price chart in this week and month. 75K USD is great level to support Bitcoin price.
Here you can see the indicators on daily chart of Bitcoin price. There is uptrend line on RSI Indicator. It is trying to support this major indicator. If not, we will see huge price correction on Bitcoin price chart. This is 5th touch on this mini uptrend line.
MACD Indicator is on the top and reversed down. Fisher Indicator is close to top and close to reverse down. We may see correction on this major indicators.
We entered important days on Bitcoin price chart. There is possible price correction on Bitcoin price chart. 75K USD level is waiting Bitcoin price to support. 200-day moving average is also at this level. If It can not support, we will see huge price correction on crypto market.
We will see..