Bitcoin Price Broke Up Great Downtrend Line Coming From All Time High

There was great downtrend line on Bitcoin price chart. Bitcoin price broke up this great downtrend line today. Bitcoin price was in an ascending channel and It broke up the middle line of this great resistance.

Here you can see daily chart of Bitcoin price. Even Bitcoin price broke up these great resistance, We should see daily close. There are lots of resistances on the indicators. I shared a few analysis about these indicator. Daily close is so important to analyze Bitcoin price.

Here you can see the indicators on daily chart of Bitcoin price. There is great resistance on RSI Indicator. It touched this resistance. We should see more daily green candle on Bitcoin price chart to proof breaking up this resistance.

You can see what happened after touching this great resistance. We should be careful.

Market maker always makes fake moves. We may see one of them. There is mini uptrend line on MACD Indicator. If we see reversing down this indicator, we may see market crash.

Fisher Indicator is on the top and close to reverse down. If we see one daily red candle we will see reversing down these indicators. Bitcoin price nay reverse down from this level. It is hard to break up 75K.

We will see...

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