Tomorrow is 8th April. We will see Solar Eclipse. Lunar and Solar Eclises are important for Bitcoin and crypto market. We have seen major price moves on these important days. Market maker always makes major moves on crypto market.
Tomorrow is important for Bitcoin price. After touching 74K, Bitcoin price was under price correction. Bitcoin was waiting for Solar Eclipse. Solar Eclipse stopped Bitcoin's bullrun. We may see price pump after Solar Eclipse...
Here you can see 4-hour chart of Bitcoin. There are downtrend lines on RSI Indicator. After breaking up this downtrend lines, Bitcoin price pumped more than 10%..
RSI Indicator touched the resistance today. It may break up tomorrow after Solar Eclipse and we may see price pump on Bitcoin price chart. Bitcoin may restest all time high..
There is flag pattern on Bitcoin price chart. It is coming from 38K. Today Bitcoin price tested to break up the top line of flag pattern. If my analysis above happens, We will see breaking of the top line of flag pattern..
The target of this pattern is to reach 100K..
This is my bullish analysis for Bitcoin price chart. There are both bullish and bearish scenarios on Bitcoin price chart.
We will see which scenario will happen..