Bitcoin Broke Down Great Support on RSI Indicator

Even Bitcoin price didn't break down great support line on fiat, Bitcoin broke down great support line on RSI Indicator. It is hidden support. Lots of Investors don't look at this line. It says us future early...

Even Bitcoin price still above 42K, It is close to big dump..

There is similarity between end of 2022 and end of 2023. We may see last pump of bullish trend coming from 25K and It may go down after this exit pump..

Here you can see daily chart of Bitcoin. I drew the support lines on RSI Indicator. We may see small pump in Bitcoin price chart and it may not break up the top of 2023 level. Because, RSI Indicators support line is broken down..

Bitcoin price is not at good level to continue bullish trend. Here you can see weekly chart of Bitcoin and 48K USD is great resistance for Bitcoin. Even Bitcoin price didn't touched this level in bullish trend Fisher Indicators is on the top and ready to reverse.. It means, were are close to bearish trend..

Bitcoin price may see correction for a few week. I think that will take until halving..

As I said, we are close to bearish trend. I am waiting with my cash to buy before altcoin season.

We will see...

Posted Using InLeo Alpha