18-09-2018 05:52 via newsbtc.com

Bitcoin (BTC) Price Watch: Bearish Wedge Breakout

Bitcoin Price Key HighlightsBitcoin price recently broke below a rising wedge pattern to signal that further losses are in the cards.
Price might still pull back to the broken support area, which lines up with Fib levels, to gather more selling pressure.
Technical indicators are showing that there is still some bullish momentum left.Bitcoin price made a downside break from its rising wedge pattern but might be due for a pullback before heading further down.
Technical Indicators Signals
The 100 S
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