Bitcoin Price Technical Analysis for 01/10/2018 – Small Reversal Signal

Bitcoin Price Key HighlightsBitcoin price appears ready for another selloff as price has formed a head and shoulders pattern on the 1-hour chart.
Price has yet to break below the neckline around the $14,000 major psychological support.
The chart pattern is approximately $3,000 tall so the resulting drop could be of the same height.Bitcoin price is forming yet another selloff signal on a short-term time frame, but technical indicators are looking mixed.
Technical Indicators Signals
The 100 SMA is