Bitcoin Price Analysis: BTC/USD Short-Term Reversal Formation

Bitcoin might be in for a reversal from its uptrend as price formed a head and shoulders pattern and is breaking below the neckline. This could set off a drop that’s the same height as the chart formation. The reversal pattern spans $6,800 to $7,400 so the resulting slide could be roughly $600. The 100 […]The post Bitcoin Price Analysis: BTC/USD Short-Term Reversal Formation appeared first on BitcoinerX.