There are weak daily candles on Bitcoin price chart. Bitcoin price is trying to be in upward wedge pattern. It is close to break down this pattern. Even it is at critical level. There are weak candles on Bitcoin price chart and It can not go up.
Here you can see daily chart of Bitcoin price. Bitcoin price went down from 95K to 87K. It is supported by the bottom line of upward wedge pattern. Even it is supported, it got only a few weak green daily candles. You should see huge daily candles. It may be a signal for future.
Here you can see the indicators on daily chart of Bitcoin price. There was mini uptrend on these major indicator and they are broken down. There is possibility of breaking down or up. Breaking down is so possible. We may see price drop on Bitcoin price chart.
Even Bitcoin price got 4 green daily candles in last 4 days, It can not go up. Next week is so important. We may see news drop on market. It may be the reason for possible price drop.
We should be careful about possible breaking down on upward wedge pattern. Major indicator broke down uptrend lines. We are waiting for pirce chart. When it happens, We will see huge price drops on Bitcoin price chart.
We will see..