Bitcoin Price is Trying to Stay Above Support Line of Flag Pattern

Bitcoin price is trying to stay above the support line of flag pattern. Even crypto market went down after CZ's news, Bitcoin price supported by the bottom line of flag pattern. Bitcoin price still seems at safe zone...

Here you can see daily chart of Bitcoin. There was same pattern on Bitcoin price chart in April. Bitcoin went down the bottom line of flag pattern and we saw price drop during a month..

Here you can see same support line on Bitcoin price chart. Bitcoin is still solid.

When we look at RSI Indicator, the support line of RSI Indicator is broken down. We saw same broken on February and Bitcoin price went down from 22500 USD to 18K.

We may see same scenario. I hope we will not see but history shows our future..

December may be drop on the market.

We will see...

Posted Using InLeo Alpha