Bitcoin Price Stuck into Triangle
There is another pattern on Bitcoin price chart. I seems as bearish. There is triangle on Bitcoin price chart. It may be a bearish flag pattern.
Here you can see daily chart of Bitcoin price. We have seen same pattern on this chart and You can see what happaned after breaking down. We may see same scenario on Bitcoin price chart. There is mini uptrend line on Bitcoin price chart. If it breaks down, the scenario may begin.
It may be another bullish trap on Bitcoin price chart. Market seems bullish for a few days. It may be preparation for bearish trend.
Here you can see the indicators on daily chart of Bitcoin price. There is great downtrend line on RSI Indicator. While being under this resistance, Bitcoin price will be in bearish season. We should be breaking up this resistance. MACD Indicator is trying to reverse up. Even it reverses up It may not be enough.
Fisher Indicators is also going up. We may see reversing down on this indicator.
So, we should be careful for possible bullish trap on Bitcoin price chart. If Bitcoin price breaks down mini uptrend line, we may see another bearish flag pattern on Bitcoin price chart.
We may see another bearish attacks on Bitcoin price chart. We will see the decision on Bitcoin price chart in next week..
We will see..
