There was important support level on Bitcoin price chart. 75K USD is important level on Bitcoin price chart. After reversing down from 86K USD, Bitcoin price went down slowly. I shared a few analysis about Bitcoin price chart and pointed possible major support level on 75K USD. It is broken down.
Here you can see daily chart of Bitcoin price. You can see how it supported and resisted Bitcoin price before. There was curve resistance on Bitcoin price chart coming from 86K USD. You can see how it resisted Bitcoin price.
There is 200-day moving average is the next major support level on Bitcoin price chart. It should not be broken down..
Here you can see the indicators on daily chart of Bitcoin price. There is great downtrend line on Fisher Indicator. It may be broken up in a few days after we see daily green candles. Fisher Indicator is trying to reverse up from the bottom.
There is also great downtrend line on RSI Indicator. It may take long time to see breaking up this great resistance.
MACD Indicator is trying to reverse up from the bottom. We need to see a few daily green candles to see reversing up on this major indicator.
Bitcoin price is 6th weekly red candle. It is getting closer to reversing up. We may see reversing up on Bitcoin price chart in a few days. There is also great support level on Bitcoin price chart. It may be good time to pick up..