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Bitcoinerx
2020-02-20 06:00:19

Bitcoin Price Analysis: BTC/USD Head and Shoulders Breakdown?

Bitcoin formed a head and shoulders pattern on its 4-hour chart to signal that a reversal from the climb is due. Price already dipped below the neckline of the chart pattern to indicate that a selloff of the same height as the formation is about to follow. However, the 100 SMA is still above the […]The post Bitcoin Price Analysis: BTC/USD Head and Shoulders Breakdown? appeared first on BitcoinerX.