Bollinger Bands is supporting Bitcoin price chart in daily and weekly chart. I shared a few analysis and showed you the supports on Bitcoin price chart. The bottom line of Bollinger Bands are one of major supports. Bitcoin price can not go down. This is how the bottom line of Bollinger Bands supporting Bitcoin price.
Here you can see weekly chart of Bitcoin. You can see how the bottom line of Bollinger Bands supported Bitcoin price chart during 2024. We will wait to see finishing of touch the bottom line of Bollinger Bands. Bitcoin price is consolidation zone, it may take time..
Here you can see the indicators on weekly chart of Bitcoin. RSI Indicator is on the bottom. There is great support line on RSI Indicator of weekly chart of Bitcoin. So, we are cloe to the bottom. Fisher Indicator is on the bottom and ready to reverse up. MACD Indicator is trying to complete correction.
So, we may see good weeks in weekly chart of Bitcoin.
I shared lots of analysis about Bitcoin price chart and I was waiting for reversing of trend on Bitcoin price chart until the beginning of April. We are close to reversing up.
We will see..