Bitcoin Price Technical Analysis for 01/17/2018 – Is There An End to the Slide?

Bitcoin Price Key HighlightsBitcoin price staged a massive selloff after breaking below the descending triangle bottom previously highlighted.
Price has dropped by around $3,000 and could have a few more losses to go before bottoming out.
Bitcoin is currently finding support at a Fib retracement level but might be due for a larger pullback.Bitcoin price sold off sharply earlier this week and may have a few more losses lined up before bulls return.
Technical Indicators Signals
The 100 SMA is abov