Bitcoin appears to be gaining a bit more traction on its latest bounce, possibly creating a long-term double bottom pattern. This is seen as a classic reversal signal from a downtrend, but price would need to test and break past the neckline around $8,500 to confirm this. The 100 SMA is still below the longer-term...The post Bitcoin Price Analysis: BTC/USD Long-Term Reversal Underway? appeared first on Live Bitcoin News.
