Bitcoin Price Retested Mini Uptrend Line As a Resistance

Bitcoin price stuck between the resistances. It supported by mini uptrend line while going up from 76K to 96K. It broke down this mini uptrend line a few days ago and stuck between the resistances. Yesterday Bitcoin price got huge green candle and touched mini uptrend line as retest.

Here you can see daily chart of Bitcoin. Restest completed. It may be the proof of price correction. It may be the beginning of price correction. Market maker always makes fake moves. He may try to make the new fake move. Lots of investors may think Bitcoin price will break 99K.

Here you can see the indicators on daily chart of Bitcoin. MACD Indicator reversed from the top. There is no reaction on Bitcoin price chart. Because I tried to complete restest. We may see huge price drops on Bitcoin price chart after completing restest.

I shared an analysis about Bitcoin price chart and showed you big bowl pattern on RSI Indicator. Bitcoin price may start to touch again this pattern as a support.

We may see close to price drop. Retest of uptrend line and the indicators show us possible price drop on Bitcoin price chart.

It may start in a few days.

''Sell in May, go away'' may come soon.

We will see..