Bitcoin Price Technical Analysis for 01/15/2018 – Still Stuck in a Triangle!
Bitcoin Price Key HighlightsBitcoin price continues to tread sideways and is still hovering around the bottom of its descending triangle on the 4-hour chart.
Price looks ready for a bounce off support as a double bottom is forming.
Bitcoin has yet to break past the small reversal pattern’s neckline around $14,000 before confirming the climb.Bitcoin price can’t quite seem to gain bullish momentum to climb up to the triangle resistance, but buyers are still defending support.
Technical
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