Bitcoin price may touch the target of flag pattern which around all time high level. Bitcoin price may see all time high before halving. It will be the first time to reach all time high before halving.
Halcing is coming soon and Bitcoin price is increasing. We may see possible price correction after halving and all time high.
Here you can see Bitcoin price chart. Bitcoin drew flag pattern coming from 38K to 52K. The target of this flag pattern is to reach around 69K.
We may see double top at 69K and price correction after this level.
https://i.imgur.com/Q1DIHRA.png
This is 7th month of green monthly candles. We have not seen this green candles before.
So, price correction is coming soon!
April may be price correction month! Halving is in April.
Here you can see daily chart of Bitcoin and Indicators. Bitcoin broke up downtrend line of RSI Indicator. We can see what happened after breaking of RSI Indicator resistance.
RSI Indicator is at overboght level now. MACD Indicator is also on the top and ready to reverse..
We may see price correction in next week!
After mini price correction Bitcoin may complete the flag patterns target.
https://i.imgur.com/3gf67GX.png
Next week is very important! We may see big moves on Bitcoin price chart.
Waiting…
