Bitcoin Broke Down Mini Uptrend Line As Before

Today Bitcoin price broke down mini uptrend line as at the beginning of 2025. We may see huge price drops after this breaking down or we may see bearish trap after this move.

Here you can see daily chart of Bitcoin. There was mini uptrend line on Bitcoin price chart. It is broken down. After touching all time high Bitcoin price broke down mini uptrend line at the beginning of 2025. We are at same pattern on Bitcoin price chart. After breaking down this mini uptrend line, Bitcoin price will be in pressure of downtrend resistance. We need a few days to see new pattern.

Here you can see the indicators on daily chart of Bitcoin price. There is lots of similarities on Bitcoin price chart between end of 2024 and now. I circlec the similarity on MACD Indicator. We need a few days to complete correction on MACD Indicator. RSI Indicator broke down bowl pattern. We are at the beginning on new bowl pattern. So, we may see touching the bottom on RSI Indicator.

There is downtrend line on Fisher Indicator. We may see breaking up this downtrend line at the end of July. So, we may see Bitcoin price in pressure by this downtrend lines. Market maker sold in May and went away until end of July.

While Bitcoin price touhed all time high in May, lots of investors and influencer said ''Sell in May, go away'' would not be in 2025. Market maker sold in all time high in May and went away until end of July.

We will see..