Bitcoin Price Technical Analysis for 01/24/2018 – Reversal Candlesticks at 100SMA

Bitcoin Price Key HighlightsBitcoin price is still treading carefully above the ascending trend line on the daily time frame.
A bounce might be due as a doji has formed at the 100 SMA dynamic support on this chart.
The next candle would need to close past the doji’s highs to confirm that bulls are regaining control.Bitcoin price is struggling to stay afloat but the reversal candlestick at the 100 SMA on the daily chart could be a bullish signal.
Technical Indicators Signals
The 100 SMA is