Bitcoin Price Technical Analysis for 02/08/2018 – Prepping for Another Leg Lower?

Bitcoin Price Key HighlightsBitcoin price is currently trending lower and moving below a descending trend line on its short-term time frame.
Price is currently testing this resistance level and could be due for a move back down soon.
In that case, the Fib extension levels show the next downside targets.Bitcoin price has been climbing over the past couple of days but is hitting a short-term upside roadblock that could let the selloff resume.
Technical Indicators Signals
The 100 SMA is below the l