Bitcoin Price Technical Analysis for 04/17/2018 – Another Pullback Zone to Watch

Bitcoin Price Key HighlightsBitcoin price recently broke out of its descending channel to show that an uptrend reversal is underway.
Price hit resistance at $8450 and is gearing up for a pullback, possibly until the broken resistance.
This lines up with several inflection points, so plenty of limit orders may be located in this area.Bitcoin price looks ready for a pullback to a key area of interest visible on the 4-hour time frame.
Technical Indicators Signals
The 100 SMA is still below the long