Bitcoin Price Chart Close to Break Down Great Bowl Pattern

There was big bowl pattern on Bitcoin price chart. I shared lots of analysis about this bowl pattern. There was bowl pattern on RSI Indicator of daily chart of Bitcoin. Bitcoin is ready to break down this pattern. If it happens, we will see red day at second half of May.

Here you can see daily chart of Bitcoin. Bitcoin touched bowl pattern a day ago. We may see breaking down on Bitcoin price chart in next try. MACD and Fisher Indicators are on the top. We will see the end of bowl pattern when they reverse down.

Here you can see weekly chart of Bitcoin. This is 6th week that Bitcoin price got green candles. We should see red weekly candles after these green candles series. Even MACD Indicator reversed up from the bottom, we may see lower high on MACD Indicator. If we see red weekly candles on Bitcoin price chart, we will see reversing down on Fisher Indicator.

We are close to red candles on weekly chart of Bitcoin.

So, the most important question is that ''will we see price correction on Bitcoin price chart before all time high?''

Market maker always makes fake moves.

We will see..