There May be a Bearish Trap Before ETF on Bitcoin Price Chart

almost 2 years ago

We are close to ETF confirmation for Bticoin. It will be announced in a few days. This week or in 10 days.. There may be a bearish trap on Bitcoin price chart. I shared a few analysis for Bitcoin price and said Bitcoin price may go down. I drew a curve support line on Bitcoin price chart and It is broken down a few days ago. Even it is broken down, Bitcoin price is so solid and waiting for ETF news..

We need only a few days for ETF news to look our future. In technically, Bitcoin is close to end of bullish trend. But there is great support of ETF news...

Even it seems Bitcoin price broke down the support line, all indicators of daily Bitcoin price chart is getting ready for bullrun?
Here you can see MACD Indicator is trying to reverse. It is bullish move.. There is downtrend line on RSI Indicator is broken up. It means Bullrun may begin..
There is also Fisher Indicator is on the bottom and trying to reverse. It will reverse in a few days. Maybe ETF news will be trigger for reversing?

These are hidden bullish view for Bitcoin price chart..

This week is very important. Bitcoin is at critical level and we may see huge moves on Bitcoin price chart. Good news may be trigger for big green candles. Bad news may be trigger for big red candles. They are possible... We will see...

Posted Using InLeo Alpha

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3 comments

@poshthreads 74

almost 2 years ago

https://inleo.io/threads/chorock/re-chorock-tqihzena
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@pixresteemer 71

almost 2 years ago

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@hivebuzz 74

almost 2 years ago

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