Bitcoin Price Technical Analysis for 03/12/2018 – Bulls Won’t Give Up!

Bitcoin Price Key HighlightsBitcoin price looks ready to resume its climb as a double bottom pattern formed on its 1-hour time frame.
Price has broken past the pattern’s neckline to signal a pickup in buying pressure.
However, technical indicators are suggesting that the selloff could still resume.Bitcoin price formed a short-term double bottom pattern and broke past the neckline to reflect a pickup in bullish pressure.
Technical Indicators Signals
The 100 SMA is below the longer-term 200