Bitcoin (BTC) Price Watch: Is That a Reversal Formation?

Bitcoin Price Key HighlightsBitcoin price could be due for a reversal as an inverse head and shoulders can be seen on the 1-hour chart.
Price has yet to break past the neckline to confirm that an uptrend is in the cards.
Technical indicators are showing signs of a return in bullish momentum.Bitcoin could finally be done with its slide as it forms an inverse head and shoulders reversal pattern on the 1-hour chart.
Technical Indicators Signals
The 100 SMA is below the longer-term 200 SMA to signal