Bullish & Bearish Patterns on Bitcoin Price Chart by chorock

hive-167922 · @chorock · Jul 18 '22

$7.83

Bullish & Bearish Patterns on Bitcoin Price Chart

There are bullish and bearish patterns on Bitcoin Price chart. Bitcoin price tested above 22K and back to 21K today. It is important level for Bitcoin. There are both bullish and bearish patterns on Bitcoin Price chart that lots of investor think that Bearish pattern will work..

**Bullish**
Here is bullish pattern on Bitcoin Price chart. Bitcoin price broke up down trend line coming from 48K. It is tested 5 times before. Daily close will under this resistance and Bitcoin price should close a day above resistance. We may see huge bullish moves after this..

![Ekran Resmi 20220719 00.55.58.png](https://images.hive.blog/DQmTQfs6uCTVGSs1rpMiXey6QpzcenzP6exKV3atk4HKE4W/Ekran%20Resmi%202022-07-19%2000.55.58.png)

**Bearish**
Lots of investors draw this bearish flag pattern on Bitcoin price chart. If this happens, lots of people who dream to buy Bitcoin on 10K or below, will be happy.

![Ekran Resmi 20220719 00.57.19.png](https://images.hive.blog/DQmUc6Wh8PNepXMQ5ZxrErVqUfH5Kearqr3mUDVGhg8wkNd/Ekran%20Resmi%202022-07-19%2000.57.19.png)

22K is important for Bitcoin price. If we see daily close, bearish pattern and resistance will be rekt..

What do you think?

Is it bearish or bullish?

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@chorock/bullish-and-bearish-patterns-on-bitcoin-price-chart)

👍 ripperone, gregory-f, daveks, smasssh, chorock, muratkbesiroglu, deepu7, marcusantoniu26, maarnio, r00sj3, kirstin, andyjaypowell, mauromar, kryptodenno, johannpiber, anadolu, barmbo, yousafharoonkhan, joetunex, abduhawab, rtonline, harkar, utopis, ahmetay, costanza, mitchtokita, pixresteemer, syedumair, chetanpadliya, dine77, pixelfan, horpey, gunnarheilmann, thales7, snlbaskurt, sodomlv, untzuntzuntz, anna89, anroja, tggr, adriansky, stackin, centtoken, benedict08, ladynazgool, khaimi, hickasamam, midun, sportfrei, pal.alfa, oscargonzalez123, sweetkathy, asridsyaref, munawar1235, docmarenkristina, calacoins, plankton.token, zephalexia, artonmysleeve, bilimkurgu, florino, mehmethesap, zemiatin, waivio.welcome, denizcakmak

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