Bitcoin Price is on the Edge of the Cliff

Bitcoin price is getting ready for big break. There is downtrend line on Bitcoin price chart. It will cross the bottom line of ascending channel which Bitcoin price in. We will see huge volatility after breaking up or down this cross.

Here you can see daily chart of Bitcoin price. Bitcoin price is in an ascending channel for a few weeks. It is trying to reverse up after big market crash. It tested to break up the middle line of this channel a few days ago but It could not. The bottom line of this ascending channel is trying to support Bitcoin price. We will see breaking up downtrend line or breaking down the bottom line of this ascending channel in a few days.

Here you can see weekly chart of Bitcoin price. ıt is great signal for mid term. RSI Indicator is under resistance by great downtrend line. MACD and Fisher Indicators are on the bottom. These are good signal for possible reverse up. We may see reversing up Bitcoin price chart after getting a few weekly green candles.

Even it seems more possible fore breaking up, we should be ready for possible market crash. We will see updates on WW3. After dropping the news, Bitcoin price will be effected. Market maker always makes fake moves. We may see another one of these fake moves.

We will see..