24-09-2018 06:01 via newsbtc.com

Bitcoin (BTC) Price Watch: Short-Term and Long-Term Reversal Patterns

Bitcoin Price Key HighlightsBitcoin price has broken past the neckline of a short-term double bottom to signal that an uptrend is underway.
Price is also in the middle of forming a longer-term double bottom visible on its 4-hour chart.
Bitcoin has yet to test the neckline on this larger reversal formation at the $7,400 level.Bitcoin price has confirmed its short-term double bottom but has yet to complete a larger one to signal a longer-term climb.
Technical Indicators Signals
The 100 SMA is belo
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