There is mini uptrend line on Bitcoin price chart. There was a mini uptrend line on Bitcoin price chart and It is broken down. After breaking down previous mini uptrend line, Bitcoin price touched 7xK USD. Now, Bitcoin price is trying to stay above the new mini uptrend line.
Here you can see daily chart of Bitcoin. Even mini uptrend line appeared on Bitcoin price chart, there is great downtrend line is going down to Bitcoin price. We will see the crossing of uptrend and downtrend lines in a few days. Will it break up or down?
Here you can see the indicators on daily chart of Bitcoin. They may show us the direction of crossing.
There was great downtrend line on RSI Indicators and it is broken down!
MACD Indicator reversed up from the bottom. So, these major indicators are at good level to go up. Even fisher indicator reversed down from the top a few days ago, it is trying to reversing up again.
So, breaking up is more possible than breaking down when crossing happens.
I shared lots of analysis and said I was waiting for price pump until end of March or the beginning of April.
It is coming. We will see...
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