8-day moving average is one of important signal for short term trend on Bitcoin price chart. Bitcoin price broke down mini support line at 81,5 USD level. Even it is broken down, Bitcoin price tried to go above this support line again. I shared a few analysis about the importance of this support level on Bitcoin price chart. Even it tried to break up again this support level as a resistance, It could not. We can not see daily close above this mini support line.

Here you can see daily chart of Bitcoin price. Market maker always makes fake moves. We may see the new one. Bitcoin price appears as reversing up this this level but It could not. We can say that Bitcoin price retested support line as a resistance. We may see going down on Bitcoin price chart after this retest.

Here you can see the indicators on daily chart of Bitcoin price. Fisher Indicator is trying to reverse up close to the bottom. MACD Indicator is also trying to reverse up before breaking down 0 level. There is great downtrend line on RSI Indicator. We should see breaking up on this resistance to see the new bullish trend on Bitcoin price chart. This is great resistance on Bitcoin price chart. This is why Bitcoin price is under pressure.

75K USD level is the next great support on Bitcoin price chart. We may see retest this support line on Bitcoin price chart in the worst scenario. Bitcoin price is trying to be solid. Even we see price correction on Bitcoin price chart, 75K USD level is good level to see support.