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.
