Price correction on Bitcoin price chart is coming soon. I shared an analysis about Bitcoin price chart and I said I was waiting for price correction in this week. Bitcoin price went up from 92K to 99K, after I shared this analysis. I was wrong. Bitcoin price has not seen price correction in this week. Even We have not seen price correction. My price correction may be true..
I am waiting price correction at weekend. Here you can see daily chart of Bitcoin price. It is trying to touch 100K. It must be quick. Time is running out. Price correction is coming soon. Bitcoin Price may not touch the top line of Bollinger Bands.
Here you can see the indicators on daily chart of Bitcoin. Fisher Indicator is on the top. I will reverse at this weekend. This is why I am waiting for price correction in this week!
When fisher indicator reverses, MACD Indicator will try to reverse from the top. These are the signals for price correction. I circled the same move on Fisher and MACD Indicators. You can see what happened after these reverses. Bitcoin price may go down 10% in this price correction.
All of investors are waiting for 100K. Market marker is proof to make fake moves. If lots of investors thinks for 100K, market maker makes price correction. This is also why I am waiting for price correction!
We will see..
Posted Using InLeo Alpha