Bitcoin price chart got weak daily candles nowadays. It stuck between resistance and support lines. Even Bitcoin price broke down mini uptrend line, it did not go down fast. It is supported by 93K level which was past resistance for Bitcoin price chart. Here you can see daily chart of Bitcoin. Bitcoin may try to draw head and shoulders pattern. If it draws it, Bitcoin will draw right shoulder of this pattern. If this pattern happens, Bitcoin price may go down to 89K after breaking down 93K support level.  Here you can see the indicators on daily chart of Bitcoin. Even Fisher Indicator reversed down from the top, we have not seen big price dump. MACD Indicator reversed down from the top. We may see price correction on Bitcoin price chart when we look only the indicators, we can see them. There is also big bowl pattern on RSI Indicator. RSI Indicator is too high level from the bowl pattern. It may go down to touch this bowl pattern to be supported. We will be in this big bowl pattern during 2025.  So, I am waiting for big price correction on Bitcoin price chart after going up from 76K to 96K. Market maker always makes fake moves. This is why Bitcoin price is solid and not going down. But we will see.. Posted Using [INLEO](https://inleo.io/@chorock/bitcoin-price-stuck-between-resistance-and-support-lines-h8x)
| author | chorock | ||||||
|---|---|---|---|---|---|---|---|
| permlink | bitcoin-price-stuck-between-resistance-and-support-lines-h8x | ||||||
| category | hive-167922 | ||||||
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| created | 2025-05-06 19:36:21 | ||||||
| last_update | 2025-05-06 19:36:21 | ||||||
| depth | 0 | ||||||
| children | 0 | ||||||
| last_payout | 2025-05-13 19:36:21 | ||||||
| cashout_time | 1969-12-31 23:59:59 | ||||||
| total_payout_value | 4.318 HBD | ||||||
| curator_payout_value | 4.518 HBD | ||||||
| pending_payout_value | 0.000 HBD | ||||||
| promoted | 0.000 HBD | ||||||
| body_length | 1,602 | ||||||
| author_reputation | 776,425,958,299,422 | ||||||
| root_title | "Bitcoin Price Stuck Between Resistance and Support Lines" | ||||||
| beneficiaries |
| ||||||
| max_accepted_payout | 1,000,000.000 HBD | ||||||
| percent_hbd | 10,000 | ||||||
| post_id | 142,562,443 | ||||||
| net_rshares | 24,661,041,757,629 | ||||||
| author_curate_reward | "" |
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