bitcoin technical analysis

Bitcoin Price Technical Analysis for 23rd Mar 2018 – Another Reversal Pattern

Bitcoin Price Technical Analysis for 03/23/2018 – Another Reversal Pattern Bitcoin Price Key Highlights   Bitcoin price failed to break past the $9,000 level after news of a potential shutdown of Binance in Japan broke out. However, bitcoin price could still form an inverse head and shoulders pattern, which is a potent reversal signal. Technical indicators are showing that bullish momentum could stay in play. Bitcoin price sold off recently but could form a short-term reversal pattern on its 1-hour…

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Bitcoin Price Technical Analysis for 14th Feb – Sitting Tight for a Breakout

Bitcoin Price Technical Analysis for 14th Feb – Sitting Tight for a Breakout Bitcoin Price Key Highlights Bitcoin price is currently consolidating, forming higher lows and lower highs inside a triangle pattern. Price is bouncing off support and might be due for a test of resistance soon. Technical indicators are also suggesting that the bounce could take place, possibly even leading to an upside break. Bitcoin price is finding support at the bottom of its triangle consolidation and may be…

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