There was a bearish trap on Bitcoin price chart. Even Bitcoin broke down mini uptrend line, market maker made Bitcoin price gone up above again mini uptrend line. This is 2nd time that Bitcoin price broke down this mini upntrend line. 

Here you can see daily chart of Bitcoin. Bitcoin can not break up mini downtrend line. I shared a few analysis and pointed on this mini downtrend line. It is tested 3 times before. We will see Bitcoin price under pressure by this downtrend line for a few weeks. After reversing down from mini downtrend line, Bitcoin price broke down mini uptrend line. We may see higher price dumps on Bitcoin price chart in a few days..



![e1.PNG](https://files.peakd.com/file/peakd-hive/chorock/23t76t9pzvDAsZNSCjjJVitwfZAk916P1uQYmFD346fX8SJn986AESop7AWRPno9nwqiR.PNG)

Here you can see the indicators on Bitcoin price chart. I shared a few analysis about the indicators. There are lots of similarities between past and now. When we look at the indicators on daily chart of Bitcoin, We may see touching the bottom of bowl pattern on RSI Indicator at the end of July. Fisher Indicator reversed from the top, MACD Indicator will reverse down again. So, we may see mini downtrend on Bitcoin price chart.

![e2.PNG](https://files.peakd.com/file/peakd-hive/chorock/23swib3U1HWgfSAbFR9hEx5uMK3wAoZEoFvyt38zRX2wxLHWXjqWEAz5UNnfvEopCUWJk.PNG)

I said lots of times that I don't think that we will see all time high in this Summer. We should get ready for after August. Bitcoin price is in correction period. After completing this correction, we may see huge price pumps on Bitcoin price chart.

We will see..

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