Bitcoin Price Still Hasn't Decided to Go Up or Down

Bitcoin price still has not decided wht it will do. It may go up or down. It is in critical point that we can not be sure what Bitcoin will do.

Here you can see daily chart of Bitcoin. I shared this draft a few weeks ago. There are lots of bullish and bearish traps. A few days ago Bitcoin did bullish trap, yesterday Bitcoin did bearish trap. There is no decision for Bitcoin price that will go up or down.

There is downtrend and uptrend line on Bitcoin price chart. That will be crossed tomorrow. Next week will be volatility in Bitcoin price chart.

When we look at the indicators on daily Bitcoin price chart, bearishmove is more possible than bullish move. Fisher Indicator reversed from the middle, and Support line of RSI Indicator retested and worked as resistance. MACD Indicator also reversed from the top and these three indicators support bearish possibility.

I think bearish future move is more possible than bullish.

As I said, we will see so much volatility in next week. I said I would be out ot market for a few days to watch. I am waiting next week.

We will see..

Posted Using InLeo Alpha