Bitcoin Price Technical Analysis for 01/25/2018 – Potential Double Bottom?
Bitcoin Price Key HighlightsBitcoin price looks ready to bottom out from its drop, possibly even forming a short-term reversal signal.
Price failed in its last two attempts to make a strong break below the $10,000 major psychological mark, creating a double bottom formation.
Bitcoin has yet to test and move past the neckline near $13,000 to confirm a potential climb.Bitcoin price appears to be forming a short-term reversal pattern on the 1-hour time frame as an early bullish signal.
Technical In
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