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.

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer