26-04-2018 09:48 via newsbtc.com

Bitcoin Price Technical Analysis for 04/26/2018 – Another Reversal Pattern in the Works?

Bitcoin Price Key HighlightsBitcoin price is correcting from its recent climb but might be on track to form a larger reversal pattern.
A bounce off the area of interest could lead to the formation of an inverse head and shoulders.
Technical indicators are reflecting the presence of bullish pressure.Bitcoin price looks ready to form an inverse head and shoulders pattern if it completes this correction.
Technical Indicators Signals
The 100 SMA has crossed above the longer-term 200 SMA to indicate
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