Bitcoin price resisted at 86500 USD level today. It is getting major resistance testing by testing. It resisted Bitcoin price 3 times. After every resisting, it is getting harder to break up.
Here you can see daily chart of Bitcoin. Even Bitcoin price broke up great downtrend line coming from 108K USD, We have not seen huge price moves on Bitcoin price chart yet. Finally Bitcoin is up more than 4% today. Even it went up today, It is resisted by mini horizontal resistance..
Here you can see the indicators on daily chart of Bitcoin. Even Fisher Indicator reversed from the top, it is trying to reverse up again to continue go up. Bitcoin price should go up. If not, we may see breaking down on MACD Indicator.
If Bitcoin price goes up and Fisher Indicators reversed up, we may see mini uptrend during this month and We will see price correction in May as ''Sell in May, go away'' motto.
It may be true again in this year. Crypto market may be getting ready for ''Sell in May, go away''.
Will it coming? What do you think about someting coming..
We will see..