Bitcoin Price Technical Analysis for 12/14/2017 – Short-Term Selloff Underway?

Bitcoin Price Key Highlights
Bitcoin is in another day of consolidation and may be in for a few more losses as it formed a short-term reversal pattern.
Price has formed a small head and shoulders on its 1-hour time frame and appears to have broken below the neckline.
This comes after a move below a short-term ascending trend line.
Bitcoin could be in for a few more losses from here as price made a reversal pattern and broke below a short-term trend line.
Technical Indicators Signals
The 100 SMA