Big Bowl Pattern on Bitcoin Price Chart by chorock

hive-167922 · @chorock · Mar 16 '23

$7.53

Big Bowl Pattern on Bitcoin Price Chart

While Bitcoin price reversing from the bottom, Bitcoin began to draw big bowl pattern. It is reversing pattern and price should go up fastly not to destroy this pattern.

While Bitcoin price touched 19500 USD, there was important level for this pattern. It is supported by big bowl pattern and price went up!

It is good reversing pattern but price should follow this pattern. Support line is increasing logarithmic. It is not linear. Price should gain acceleration..

![Ekran Resmi 20230316 20.32.59.png](https://images.hive.blog/DQmXWzGN7e885b4rQizF5RZWcCvsVt7uRNVr8qruvT64VZe/Ekran%20Resmi%202023-03-16%2020.32.59.png)

If price cant get acceleration, Price breaks down this pattern and we may see huge drop on Bitcoin price chart. It will take long time to get ready for the new pattern...

Here you can see 3-day moving average on Bitcoin price chart. There is a resistance on MACD Indicator and It is on decision point. If it break up or If it is resisted..

![Ekran Resmi 20230316 20.40.36.png](https://images.hive.blog/DQmSKpGgkctzeWPBpN3jMDoBTqjQhJ4GeqihYQHnGiNFeqf/Ekran%20Resmi%202023-03-16%2020.40.36.png)

It is the decision week for Bitcoin.

We will see.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@chorock/big-bowl-pattern-on-bitcoin-price-chart)

👍 newhope, smasssh, chorock, florian-glechner, daveks, mauromar, deepu7, marcusantoniu26, maarnio, r00sj3, nainaztengra, rtonline, andyjaypowell, bluemoon, offgridlife, anadolu, kryptodenno, howzat, kirstin, ahmetay, joetunex, harkar, abduhawab, muratkbesiroglu, barmbo, toofasteddie, pixresteemer, costanza, syedumair, chetanpadliya, flsfserkan, eturnerx, steemitboard, pixelfan, horpey, myfreebtc, snlbaskurt, bilgin70, untzuntzuntz, kirazay, hivebuzz, thales7, worldcapture, imno, fatman, isaacngore, bluenix, cwow2, benedict08, tggr, anroja, lizanomadsoul, gokturk70, davchi2, dine77, balvinder294, turkiye, kamchore, munawar1235, sportfrei, sweetkathy, tht, stefansv, centtoken, and 19 others

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maarnio	409,906,853,654	55%
newhope	3,374,364,047,200	28%
steemitboard	51,334,690,859	5%
abduhawab	188,002,409,983	100%
lizanomadsoul	5,667,444,452	3%
smasssh	1,303,684,363,074	30%
andyjaypowell	296,484,569,728	50%
offgridlife	281,150,156,762	100%
benedict08	7,013,004,897	25%
toofasteddie	138,316,003,095	30%
eturnerx	52,408,154,971	2.7%
bluemoon	292,630,916,689	51.9%
dine77	4,489,577,433	80%
pixelfan	48,303,395,519	6%
chetanpadliya	62,840,364,659	50%
horpey	39,299,464,886	50%
syedumair	83,935,866,301	50%
nainaztengra	321,847,295,572	30%
costanza	103,491,590,744	20%
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artonmysleeve	891,610,284	5%
marcusantoniu26	444,412,128,033	65%
fatman	8,923,778,388	2%
pixresteemer	103,550,782,913	17%
mauromar	580,825,011,339	100%
florian-glechner	776,714,392,659	100%
joetunex	191,341,853,164	50%
rtonline	300,975,494,259	100%
anadolu	279,821,825,755	50%
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kirazay	14,678,038,662	100%
r00sj3	389,080,593,345	100%
branbello	597,515,139	8.5%
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snlbaskurt	26,748,508,549	100%
chorock	821,528,224,987	100%
jnmarteau	1,151,181,851	3%
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sweetkathy	2,483,777,937	100%
zemiatin	727,629,881	50%
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barmbo	162,461,096,098	100%
stefansv	1,866,774,347	15%
bilimkurgu	545,957,133	50%
kirstin	221,356,139,953	100%
myfreebtc	38,132,924,224	100%
deepu7	557,350,937,561	100%
marivic10	1,477,184,488	2.5%
thales7	12,126,167,321	100%
harkar	190,237,996,154	20%
ozeryilmaz	537,995,786	50%
bagasadi	1,612,557,178	100%
worldcapture	11,490,412,573	100%
anroja	6,712,033,006	100%
florino	829,812,839	15%
cwow2	7,172,039,311	3%
kryptodenno	271,078,740,277	8%
denizcakmak	487,914,253	50%
plankton.token	1,399,033,852	30%
tggr	6,996,966,925	15%
bilpcoin.pay	538,236,512	10%
daily-airdrop	578,574,996	100%
hivebuzz	13,376,455,664	3%
tht	2,185,096,424	100%
balvinder294	4,360,893,809	40%
ctpx	0	20%
imno	9,351,070,618	20%
duncanek	1,607,434,266	50%
gokturk70	5,262,734,885	100%
bilgin70	24,644,646,692	50%
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untzuntzuntz	20,701,726,251	50%
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howzat	258,360,016,753	100%
isaacngore	8,212,405,942	100%
tekraze	1,442,874,025	60%
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