There is parabolic uptrend line on Bitcoin price chart. Bitcoin price reversed down from 77K USD level. Even it went down 10%, it is close to start price drop. Bitcoin price has not started to go down. Bitcoin price touched parabolic uptrend line. We will see breaking down this uptrend line.
Here you can see daily chart of Bitcoin price. There was also parabolic uptrend line on Bitcoin price chart a few weeks ago. You can see what happened after breaking down this uptrend line. We may see the same scenario. This is why I say that Bitcoin price is close to start price drop.
Here you can see the indicators on daily chart of Bitcoin price. There are lots of uptrend lines on the indicators. Bitcoin price is close to market crash.
There is uptrend line on Fisher Indicator. We will see breaking down on this indicator in a few days.
There is uptrend line on MACD Indicator. We will see reversing down on MACD Indicator and it will breaking down this uptrend line.
There is great downtrend line on RSI Indicator. It will resist Bitcoin price during this year. There is also uptrend line on RSI Indicator and It will be broken down in a few days.
So, we should be careful for the next market crash. It will not be only for crypto market. WW3 will effect everything.
We will see..
