Bitcoin Price Misfortune; Here’s What’s on Today
A look at yesterday's failed technical charting pattern entry and a description of how we are going to approach today's action in the bitcoin price markets. So yesterday we ran into a bit of bad luck. In Monday’s intraday analysis, we spent the majority of our time discussing the head and shoulders pattern that was forming (if you’re not familiar with the pattern, take a quick look at yesterday’s article here) and the implications of a pattern validation on the bitcoin price going forward. Specifically, we suggested that a breaking of the pattern’s neckline, which we slated as 395.9 flat,....
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