Today News - Bitcoin Technical Analysis: BTC/USD has formed bearish pennant pattern, price could be

Today News - Bitcoin Technical Analysis: BTC/USD has formed bearish pennant pattern, price could be packing its bag ready to head south

Bitcoin price was seen holding modest gains on Wednesday, some 0.6%. BTC/USD price action has formed a bearish pennant pattern, subject to a break lower. BTC/USD 60-minute chart Spot rate:                   6552.0 Relative change:         +0.66% High:                           6557.6 Low:                            6414.1 Trend:                         Neutral Support 1:                   6236.4, 100MA. Support 2:                   6287.0, 50MA. Support 3:                   5951.3, lower part of...

Source: Today News

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