There appeared a curve resistance on Bitcoin price chart. Bitcoin price was going down slowly. After breaking down mini support line at 81,5K USD, it got faster. Bitcoin price is trying to stop dropping with supporting by 100-day moving avetage. If it breaks down, we will see price drop faster.
While this scenario happens, there appeared a curve resistance on Bitcoin price chart. Here you can see daily chart of Bitcoin price. Bitcoin pric etouched this curve resistance today. It should be broken up. If not, we will see price drop faster...
Here you can see the indicators on daily chart of Bitcoin price. MACD Indicator is going down slowly. It will reverse up if we see daily green candles. There is uptrend line on MACD Indicator. It may touch this support line of we see more daily red candles. It is so possible to see supported by this uptrend line..
There is downtrend line on Fisher Indicator. We may see breaking up this downtrend line at the end of this month. There is great resistance on RSI Indicator. It may take a few months to break up this resistance.
When it is broken up, we will see price pump on Bitcoin price chart. We should wait to see this resistance.
Bitcoin price should not break down 200-day moving average. Even it can break 100-day moving average, 200-day moving average is as a castle for Bitcoin price.