Bitcoin Price Technical Analysis

Bitcoin Price Technical Analysis for 18th April – Look Out for this Reversal Pattern   Bitcoin Price Key Highlights Bitcoin price is forming a head and shoulders on its 1-hour time frame to signal a potential selloff. Price already seems to be breaking below the neckline to confirm that sellers have the upper hand. Technical indicators are still suggesting that the uptrend could carry on, though. Bitcoin price formed a short-term head and shoulders pattern, which is a classic selloff…

Bitcoin Price Technical Analysis for 17th April 2018 – Another Pullback Zone to Watch Bitcoin Price Key Highlights Bitcoin price recently broke out of its descending channel to show that an uptrend reversal is underway. Price hit resistance at $8450 and is gearing up for a pullback, possibly until the broken resistance. This lines up with several inflection points, so plenty of limit orders may be located in this area. Bitcoin price looks ready for a pullback to a key…