We are entering Solar Eclipse effect and It may be the beginning of bearish trend even lots of investors are waiting for all time high on Bitcoin price chart.
I shared a post about Solar Eclipse Will Affect Bitcoin Price and showed possible price drop on Bitcoin price chart. We entered price drop trend As I predict. This is the first day of downtrend. Most of investors don't think about this scenario but I am sure that Bitcoin price will go down with Solar Eclipse effect. There is Solar Eclipse at 2nd October. Market Maker likes these events.. This is one of the reason of price drop.
Here you can see 4-hour chart of Bitcoin price. This is short-term analysis to predict when reversing from top will begin. There is negative divergence on MACD Indicator on 4-hour chart. There is uptrend line will be crossed with downtrend line in a few 4-hours. We may wake up with drop at the morning in a few days. Maybe tomorrow or later..
When It happens, It will be trigger for mid-term chart. There are lots of great resistance on the indicators of daily chart of Bitcoin. They will resist and Bitcoin price entere downtrend for midterm.
If this happens, Bitcoin will break down uptrend line I drew it as green!
So, Most of investors waiting for all time high will be trapped in bullish trap. Market maker will trap investors at during Solar Eclipse..
Fisher Indicator is at on the sky. This is the meaning of extra time for bullish trap. Market Maker needs more victims. It is collecting more victims..
Don't get heyped. Just watch the market. If you see all time high on Bitcoin, you can flow cash to market. If not, just wait and see..
You should wait until Solar Eclipse to analyze the market.
We will see..
Posted Using InLeo Alpha