Bitcoin Price is at the Edge of The Corner

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Bitcoin price is at the end of the corner. We will see breaking up or down in next week. We will see daily huge candles on Bitcoin price chart after breaking up or down. The volatility will increase.

Here you can see daily chart of Bitcoin price. There is great downtrend line coming from all time high. There is mini support line seems as the bottom line of mini head and shoulders pattern. We may see breaking down this mini support line or breaking up the great resistance. It is so possible to see breaking down the support line of head and shoulders pattern.

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Here you can see the indicators on daily chart of Bitcoin price. When we look major indicator they can show us possible market crash. There are lots of mini uptrend lines on these major indicator. Lots of them are broken down. We will see breaking down all of them. After breaking down all of them, you can see what happened before. We will see the same scenario.

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Possible market crash is coming soon. Next week is so important for Bitcoin price chart. We should be careful for this scenario. The height of head and shoulders pattern will the price target.

We will see..

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So we're at the corner breakout or breakdown coming soon. The volatility is about to increase.

The downtrend line from the all-time high is still holding, but the mini head and shoulders pattern is making me cautious. If that support line breaks, we could see a bigger move down.

I'm not trading this just holding and watching. But posts like this help me understand what the chart is saying.

Do you think this is a fakeout before a bigger move, or is the breakdown more likely?

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@chorock, con "Next week is so important for Bitcoin price chart", ¿qué comunidad creés que mejor lo refleja?

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