This is the most important day to see daily close on Bitcoin price chart. Bitcoin price was under resistance. Today is important day to see if Bitcoin breaks up one great resistance. Bitcoin price touched downtrend line yesterday but there was great resistance on RSI Indicator.
Here you can see daily chart of Bitcoin and RSI Indicator. Yesterday RSI Indictor touched great resistance. We should see green candle todays daily close to see breaking up of great resistance.
This is why today is so important. Great resistance of RSI Indicator is coming from April when market crashed in this year!
MACD Indicator is also going up slowly. It will touch great resistance of this year in a few days. We will see what Bitcoin do when it touch this resistance.
Fisher Indicator is also at bullish situation. If Bitcoin break up great resistance we will see all time high!
If not, we may see again a bullish trap on Bitcoin price chart.
Bitcoin price went up more than 12% in a week! It may be great beginning of mega bullish season.
We will see..
Posted Using InLeo Alpha