Bitcoin Price is Staying on Great Support Line Even Market Crashes

There is small market crash on crypto with Ethereum dump. Even crypto market is down, Bitcoin price is still at safe level. It is on great support line. There is no danger when Bitcoin price is on this great support line.

Here you can see daily chart of Bitcoin. I shared this draft a few weeks ago. There is great support line on Bitcoin price chart. It is hard to break down. Bitcoin price is close to touch this great support line. There is also great downtrend line on Bitcoin price chart. Bitcoin price stucked into these support and downtrend lines. We will see Bitcoin price between these lines for a few week.

Here you can see the indicators on daily chart of Bitcoin. MACD Indicator is close to reverse up. Fisher Indicator is also close to the bottom. There is great downtrend line on RSI Indicator. It is hard to see all time high before breakin up these RSI downtrend line. Bitcoin price will resist by this downtrend line for a few weeks.

So, volatiliy on crypto market will decrease in a few days. We may see huge moves on Bitcoin price chart in March.

Crypto market is going to good level to pick up. Lots of altcoins are at discounted price level. March will be volatility month for crypto market.

We will see..