n nn nn Introducing our first video price analysis by Bitcoin Schmitcoin.n nnSummaryBitcoin broke out of a massive consolidation pattern known as an Adam and Eve double bottom. The breakout was fueled by short liquidations that stacked up around the $4,000 level over the last 45 months.The measured move for the breakout has us testing several resistance levels and ultimately has a price target of around $5,300.We have managed to break the immediate bearish mark

Source and More information: Bitcoin Price Analysis Bearish Market Structure Breaks with a Single 20 Move

Author: CryptScout.com