Bitcoin Price Analysis

Bitcoin (BTC) Price Analysis: Another Attempt at Neckline Break?

Bitcoin might be making another attempt to confirm the long-term double bottom reversal pattern as it heads back to test the neckline resistance. A break higher could confirm that a climb of the same height as the chart formation might follow. The 100 SMA is still below the longer-term 200 SMA on the daily time frame to indicate that the path of least resistance is to the downside. In other words…
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