Today Bitcoin price went up after touching uptrend line. There was no uptrend line on this chart yesterday, I drew it today. It is parallel with previous uptrend line and Bitcoin touched and made a bearish trap and went up today.
We will the decision of Bitcoin price direction at the end of this month. Uptrend line and the top line of descending channel will be crossed at the end of this month! This is the summary of Bitcoin price chart when we look only Bitcoin price..
Here you can see the indicators of Bitcoin price chart. The most important point is at RSI Indicator. There is great resistance on RSI Indicator. Bitcoin may break up it today. We need to see daily close of Bitcoin price. If it breaks up, Bitcoin price will enter new bullish pattern. Bullish trend of this year will be ended..
If Bitcoin price can not have good daily close, It will go down. Fisher Indicator is on the top and RSI Indicator will resist Bitcoin price. Great resistance will be greater..
So, today is so important. There is also Full Moon. Marketmaker likes astrological calendar.
We will see..
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Well I am so sure this is just the beginning. We will still see more pumping as I see bitcoin hitting 70k and even much more in the crypto space. Well let's see how it eventually plays out in the couple of days actually
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Again a good analysis, everyone waiting for the bull market, but patience is essential right now. See you later, have a great week.
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