Bitcoin Price Stuck in Mini Ascending Channel

Bitcoin price was in great ascending channel in this year. After breaking down this channel, Bitcoin price went down from 80K to 59K. After touching 59K, Bitcoin price is trying to reverse up.

During trying to reverse up, Bitcoin price got mini pumps and dumps. After this move, we have seen mini ascending channel on Bitcoin price chart.

Here you can see daily chart of Bitcoin price. You can see what happened after breaking down great ascending channel. We may see the same scenario. Bitcoin price will break up or down this mini ascending channel.

Here you can see the indicators on daily chart of Bitcoin price. Fisher Indicator is on the top and trying to reverse up again. If not, we will see reversing down the fisher indicator and Bitcoin price may break down this mini ascending channel.

MACD Indicator is below 0 level. It should go up slowly without reversing down.

There was mini uptrend line on RSI Indicator and It is broken up.

The indicator on daily chart of Bitcoin price can not show us great analysis. We need time to see the new pattern on Bitcoin price chart.

We will see...