Bitcoin Price Technical Analysis for 03/07/2018 – Short-Term Reversal Signal?

Bitcoin Price Key HighlightsBitcoin price seems to be running out of steam on its recent climb as it tests resistance around $11,500.
Another drop to the nearby support at $9,500-10,000 could create a double top pattern.
If price breaks below the neckline, bitcoin price could fall by the same height as the chart formation.Bitcoin price could be due for a selloff as it formed a double top pattern on its 1-hour time frame.
Technical Indicators Signals
The 100 SMA is still above the longer-term 200