The Middle Line of Bollinger Bands Supported Bitcoin Price

This is 4th day Bitcoin price chart got red daily candles. Even it got 4 red daily candles, Bitcoin price is trying to seem solid.

Here you can see daily chart of Bitcoin price. The middle line of Bollinger Bands supported Bitcoin price. Even Bitcoin price went down this support line in the day, It closed the day above this support line.

So, we may see another try for pump on Bitcoin price chart.

Here you can see the indicators on daily chart of Bitcoin price. MACD Indicator is under resistance by great resistance level. There is negative divergence on RSI Indicator. Bitcoin price should have price correction but It is solid. Fisher Indicator is on the bottom. It may reverse up, If Bitcoin gets green daily candles after 4 red daily candles.

If we get green candles after red candle series, Fisher Indicator will reverse up and Bitcoin price may try another all time high level to break up.

MACD Indicator should complete correction.

If Bitcoin price breaks down the middle line of Bollinger Bands, we will see price dump with high volatility. Market maker always makes fake moves. It may be possible to see.

We will see..