Bitcoin (BTC) Price Watch: Sharp Tumble on Resistance Test, Goldman Sachs Update

Bitcoin Price Key HighlightsBitcoin price slumped below its short-term rising wedge after also hitting the resistance on a larger wedge formation.
Price could set its sights on the long-term support around $5,800 to $6,000 from here.
Technical indicators are still reflecting the presence of bullish pressure, though.Bitcoin price made a downside break from a short-term consolidation pattern and is setting its sights back on the long-term floor.
Technical Indicators Signals
The 100 SMA recently cr