Bitcoin Price Broke Down Parabolic Uptrend Line

There was parabolic uptrend line on Bitcoin price chart. It is broken down. Yesterday Bitcoin price close the day with huge daily red candle. After this daily close, Bitcoin price broke down parabolic uptrend line.

Here you can see daily chart of Bitcoin price. Bitcoin price is in an ascending channel. After breaking down this parabolic uptrend line, It is possible to see breaking down this ascending channel in next days.

You can see what happened the last breaking down on parabolic uptrend line. We may see the same scenario on Bitcoin price chart.

Here you can see the indicators on daily chart of Bitcoin price. There is great downtrend line on RSI Indicator. There was uptrend line on RSI Indicator and it is broken down. We may see market crash on Bitcoin price chart When we look at before.

There is uptrend line MACD Indicator. We may see reversing down on this indicator in a few days.

These indicator can show us possible market crash in next week.

So, the next week is coming soon. We should be careful for possible market crash as all stock market. WW3 will take long time.

We will see..