Bitcoin Price is Trying to Stay Above Great Resistance

There was great resistance on Bitcoin price chart at 75K USD. Even Bitcoin price broke up this resistance a few days ago, It reversed down and touched this resistance again as support. It may be a retest.

Here you can see daily chart of Bitcoin price. There was also great downtrend line coming from all time high level. Bitcoin price broke up this downtrend line a few days ago. We have not seen retest on this resistance.

Bitcoin price is in an ascending channel. It is close to the middle line of this channel. We may see touching the top line of this channel.

Here you can see the indicators on daily chart of Bitcoin price. There is great downtrend line on RSI Indicator. Even it is broken up a few days ago, we have not seen enough price pump on Bitcoin price chart. There may be something that resist Bitcoin price.

There is uptrend line on MACD Indicator. If Bitcoin price reverse down from this level, uptrend line on MACD Indicator will be broken down.

Fisher Indicator is on the top and trying to be there. It may reverse down when we see daily red candles on Bitcoin price chart.

It may be a bullish trap on Bitcoin price chart. We need to see price correction on Bitcoin price chart. When we see this correction, all these indicators will reverse down. This is why Bitcoin price is trying to stay above great resistance.

We will see..