Bitcoin Price Technical Analysis for 01/31/2018 – Another Bearish Signal?

Bitcoin Price Key HighlightsBitcoin price broke below its short-term triangle consolidation pattern, setting its sights on the channel support at $6,000.
The chart pattern spans $9,000 to $13,000 so the resulting breakdown could be of the same height.
Technical indicators are giving mixed signals, so it’s tough to tell what’s next for bitcoin price from here.Bitcoin price seems ready for another wave lower as price broke below a short-term consolidation pattern.
Technical Indicators