Bitcoin Analysis December 5, 2017

BTC/USD
 
Bitcoin continues to rally, reaching towards the highs again during the trading session on Tuesday. We are currently pressing against the $11,900 level, so it has become obvious that the market is going to go looking towards the $12,000 level. At this point, looks like pullbacks continue to offer buying opportunities, and we should see plenty of support near the $11,400 level.BTC/JPY
 
Bitcoin has pulled back during the day, but found the 20 SMA on the 4-hour chart to be sup