Bitcoin Price Key Highlights
Bitcoin price has broken below one triangle after another as bearish momentum strengthens.
Price is now trading below the descending triangle bottom of $6,700 after previously falling below the symmetrical triangle.
This signals that further losses are underway, but oscillators suggest otherwise.
Bitcoin price keeps tumbling below one support after another, but oscillators signal a possible bounce.
Technical Indicators Signals
The 100 SMA is below the longer-term 200 SMA to signal that the path of least resistance is to the downside. This means that the selloff is more likely to resume than
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