Bitcoin Price Supported by the Middle Line of Bollinger Bands

Bitcoin price entered small price correction after touching 99K while lots of investors were waiting for breaking 100K. 100K USD important level for Bitcoin price. Because we will see lots of news about Bitcoin after breaking up 100K. It will attract the attention of new investors. It will bring new investors to Bitcoin and crypto market.

Market maker always does fake moves. I warned about this move. Market Maker did make move after 99K and Bitcoin price entered smal price correction. It is only for 10%. My favourited cryptos are solid and they went up!

Here you can see daily chart of Bitcoin and It is supported by the middle line of Bolilnger Bands. It may be hard to break down this support line. We may completed price correction above this line.

Here you can see weekly chart of Bitcoin and the indicators. There is great resistance on MACD Indicator. Fisher Indicator will be on the top in a few weeks later. I am sure that Bitcoin price will reverse down at ehe beginning of 2025. We may see huge volatility on Bitcoin price chart with new year!

We should do until the end of this year what we should do!

Time is running out. Middle price correction is coming soon! We will see it in a few weeks. WE should be careful at the end of December.

We will see..

Posted Using InLeo Alpha