Bitcoinerx
2020-03-09 05:00:51

Bitcoin Price Analysis: BTC/USD Another Head and Shoulders Break

Bitcoin broke below the neckline of a larger head and shoulders pattern visible on the 4-hour time frame, indicating that another selloff is in the works. The reversal pattern spans $8,800 to around $10,500 so the resulting slide could be at least $1,700 in height. The 100 SMA is below the 200 SMA to confirm […]The post Bitcoin Price Analysis: BTC/USD Another Head and Shoulders Break appeared first on BitcoinerX.

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