After touching 49K, Bitcoin price went up very fast from 49K to 62K. It was great profit for who bought from the bottom in a short time. The first major resistance is coming soon for Bitcoin price. It is on 63K and descreasing day by day.
Here you can see daily chart of Bitcoin. There is similarity between past and now. After touching the bottom line of Bollinger Bands, Bitcoin price resisted by the middle line of Bollinger Bands.
It will be the first touch of the middle line of Bollinger Bands after touching the bottom line of Bollinger Bands.
Here you can see the indicators of daily chart of Bitcoin. There is downtrend line on Fisher Indicator. It will be tested to break up or down tomorrow. If it breaks up it may be a mini bullish signal. but It is more possible to go down after touching this resistance. Because there is also major the midlle line of Bollinger Bands resistance.
These indicators may resist Bitcoin price at weekend.
I am on cash after buying from the bottom when Bitcoin price touched 49K. I convert my cryptos to cash to watch market. I may buy mor crypto if it goes down.
We will see..