Bitcoin Price Close to Break up Great Resistance

There is great resistance on Bitcoin price chart coming from all time high level. Bitcoin price touched this great downtrend line today. It may be time to break up. We have seen breaking up great resistance coming from all time high a few weeks ago. Bitcoin price went up from 68K to 80K.

Here you can see daily chart of Bitcoin price. I shared lots of analysis about this resistance. It would be hard to break up but Bitcoin price went up slowly and touched this resistance. We may see breaking up this resistance. If we see we may see mini uptrend on Bitcoin price chart for short term. But Bitcoin price is still in bearish season. It is so possible to see bearish wave on Bitcoin price chart even we see breaking up.

Here you can see the indicators on daily chart of Bitcoin price. There are mini uptrend lines on RSI Indicator. You can see what happened after breaking down this mini uptrend lines. We may see the new breaking down mini uptrend line. There is great resistance on RSI Indicator. Even Bitcoin price breaks up great resistance, it is hard to break up great resistance on RSI Indicator.

There are mini uptrend lines on MACD Indicator. We may see the same scenario on MACD Indicator.

Fisher Indicator is on the top. It may reverse down.

If Bitcoin price breaks up great downtrend line coming from all time high level, It may go up 75K USD. Even it goes up, it is so possible to see the new market crash..

We will see..