Bitcoin (BTC) Price Watch: Reversal Pattern Confirmation on SEC Order

Bitcoin Price Key HighlightsBitcoin price looks ready to confirm its double bottom reversal formation as it tests the neckline.
A break higher could lead to a rally that’s the same height as the chart formation, which spans $6,100 to $6,650.
Technical indicators, however, are reflecting bullish exhaustion.Bitcoin price could be due for an uptrend as it tests the neckline of the short-term double bottom formation.
Technical Indicators Signals
The 100 SMA recently crossed below the longer-te