Bitcoin Price is on 100-Day Moving Average - Good Level Before Possible Pump

Bitcoin price is on 100-day moving average where is support and resistance level as we see before. Moving averages are resistance and support levels for Bitcoin. 100-day moving average worked as support at last 2 hiting.

Here you can see daily chart of Bitcoin. After touching 100-day moving average as a resistance 3 times, Bitcoin supported my this moving average 2 times..

Here we are at 3rd times. Will it support Bitcoin price?

When we look at indicators, They seem to get ready before pumping.

Daily MACD Indicator is trying to reverse during a month while price seemed stable. It is good signal to get ready.

Fisher Indicator is also on the bottom and trying to reverse..

So, It is possible to see pump pn Bitcoin price after touching 100-day moving average.

We should wait the price until to touch 100-day moving average.

We will see..

Posted Using LeoFinance Alpha