Bitcoin Price Drew Lower High in This Mini Bullish Trend
Bitcoin price is in mini bullish trend. It went up from 60K to 80K in short time. After touching 81K, Bitcoin price is in consolidation zone. We may see price correction after this mini bullish attack.
Here you can see daily chart of Bitcoin price. Even Bitcoin price went up more than 30%, we have not seen higher high on Bitcoin price chart. We should see this higher high. If not, Bitcoin price continue to go down.
We have seen these lower highs 2 times. It is thr third time after all time high.
Here you can see the indicators on daily chart of Bitcoin price. Fisher and MACD Indicators are on the top. Fisher Indicator reversed down. MACD Indicator is close to reverse down. We will see reversing down in this indicator in a few days. You can see what happened when MACD Indicator reversed down.
There was great resistance on RSI Indicator and ıt is broken up. But RSI Indicator was in over bought zone. I pointed this zone and It was possible to see price correction on RSI Indicator. We need to see much correction on RSI Indicator.
200-day moving average is the first support level on Bitcoin price chart. If we see price correction, Bitcoin price can be supported by this level.
We will see..
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