Bitcoin Price Broke Up Mini Downtrend Line With High Volatility

Yesterday was another day that we have seen all time high on Bitcoin price chart.
I shared a a few analysis about Bitcoin price chart and I said I did not think that we would see all time high in this Summer. Bitcoin price broke up all time high and upgraded with +20 USD.

Here you can see daily chart of Bitcoin. After touching all time high at 112K USD, Bitcoin price can not go up. When we look th history moves on Bitcoin price chart we can see same scenario. I tried to show you who Bitcoin price moves in past. How Bitcoin price may move in future.

Here you can see the indicators on daily chart of Bitcoin price. I circled the similarities between past and now. Fisher Indicators is on the top as before. MACD Indicator may reverse down. If it reverses down we should be careful. There are lots of bowl patterns on RSI Indicator. This is major reason that I am waiting for depression dump move on Bitcoin price chart. It is still in consolidation channel. When Bitcoin price tocuhed all time high, RSI Indicator touched the top level of this channel. You can see twin all time high at the beginning of 2025. We have seen twin all time high after yesterday. We are at same scenario again.

So, we should see huge green daily candle after all time high. If it happens, I will change my prediction. I am still ready for possible traps.

We will see..