Bitcoin Price Touched the Middle Line of Weekly Bollinger Bands

Bitcoin price broke up one of great resistance yesterday. It was very good completed target before reverse the trend. There were great resistances on 75K, Bitcoin price cclosed the day above this important level. Even it closed important level, Bitcoin price reversed down after touching the middle line of Bollinger Bands.

Here you can see daily chart of Bitcoin price and Bollinger Bands. It is the first touch after all time high level. Bitcoin price reversed down after touching this great resistance. It was so possible to see reversing down after touching this great resistance.

Here you can see the indicators on weekly chart of Bitcoin price. Fisher Indicator was on the bottom. MACD Indicator was all time low level and reversed up. These major indicators are on the bottom. When we look ath these indicator Bitcoin price seems as having huge potential.

But the middle line of Bollinger Bands resisted Bitcoin price.

Bitcoin price is in 3rd weekly green candle. If the middle line of Bollinger Bands resists Bitcoin price was may see breaking down this ascending channel. Bitcoin price should break up the middle line of Bollinger Bands in next week.

We will see