Bullish & Bearish Patterns are on Bitcoin Price Chart

There are both bullish and bearish patterns on Bitcoin price chart. Bitcoin price is trying to get ready for something. This thing will be bearish or bullish. I shared a few analysis about bearish scenario but Bitcoin price appeared solid. It may be trying to reversing up.

Here you can see daily chart of Bitcoin price. The range of price decreased nowadays. Bitcoin price is going to end of triangle. We will see breaking up or down in a few days. If Bitcoin price breaks down this triangle, the target of bearish flag pattern is to reach 40K. If Bitcoin price breaks up this triangle, Bitcoin price will start to move to reach all time high again..

Here you can see weekly chart of Bitcoin price. MACD and Fisher Indicators are trying to reverse up. I circled the similarities between past and now. You can see what happened at the beginning of 2025. We may see the same scenario. MACD and Fisher Indicators are at the same level.

But there is major bearish reason that support possible bearish flag pattern. There was great bullish pattern on RSI Indicator and It is broken down. It may be hard to reverse up and enter the new bullish pattern. We should see more weeks for new pattern.

So, It is hard to say bearish or bullish pattern are waiting for us. We need a few weeks to be sure.
We will see..