Bitcoin Price Updated All Time High at the Beginning of the Week

in Project HOPE4 days ago

Another all time high level is on Bitcoin price chart. This is the first day of the new week and Bitcoin price updated all time high level. Even Bitcoin price updates all time high level, lots of altcoins can not move.

Here you can see daily chart of Bitcoin price. Bitcoin broke up the top level resistance a few days ago. There was reverse head ans shoulders pattern on Bitcoin price chart. Price target of this head and shoulder pattern is to reach 150K USD. Even Bitcoin price close to this target, lots of altcoin can not move. It may be possible to see small price correction on Bitcoin price chart in a few days.

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Here you can see the indicators on daily chart of Bitcoin price. RSI Indicator reached over bought level after touching all time high today. MAC Indicator is going up. It will touch the resistance in a few days. Fisher Indicator is going up. It needs reverse down in afew days.

So, we may see price correction on Bitcoin price chart in a few days. I shared a few analysis and said I was waiting price correction at the end of this month. Time is running out and We are getting closer to this price correction.

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We may see price correction in this week. We should be careful at the end of this week.

We will see..

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Great post! Featured in the hot section by @punicwax.