Bitcoin recently broke below its short-term triangle consolidation pattern to indicate that a selloff is underway. Price could aim for the bottom of a longer-term triangle pattern visible on the 4-hour time frame from here. However, the 100 SMA is above the longer-term 200 SMA to signal that the path of least resistance is to...The post Bitcoin Price Analysis: BTC/USD Short-Term Downside Breakout appeared first on Live Bitcoin News.
