Higher High Pattern Appeared on Bitcoin Price Chart
Bitcoin price was in lower high pattern Even it went up fast from 60K to 80K. We were waiting for breaking up 82,5K USD level where was the last high level on Bitcoin price chart. Even Bitcoin price touched this resistance for 3 times, It could not break up this great resistance. Finally Bitcoin price broke up this great resistance and touched 86K USD level yesterday.
Here you can daily chart of Bitcoin price. Bitcoin price may be entered bullish season. Bearish season may be ended. Because there is great higher high pattern on Bitcoin price chart. We may not see 60K USD level again..
Here you can see the indicators on daily chart of Bitcoin price. There is mini uptrend line on RSI Indicator. Bitcoin price will continue to go up until the end of this uptrend line.
Fisher Indicator is close to the top level. We may see reversing down if we see daily red candles after touching 86K USD. It is possible to see price correction after going up fast.
MACD Indicator reversed up. We may see uptrend on this indicator for a few days.
It can be said that bearish season ended and bullish season started for crypto market. We should be ready for the next bullish season.
We will see..