17-11-2017 04:59 via newsbtc.com

Bitcoin Price Technical Analysis for 11/17/2017 – New Highs Yet Again!

Bitcoin Price Key Highlights
Bitcoin price is at it again, breaking past the latest set of highs to close in on the $8000 handle.
Revisiting the Fib extension levels shows how high bitcoin price could go from here.
Price is already testing the 50% extension level but technical indicators show strengthening bullish momentum.
Bitcoin price is establishing new record highs and the Fibonacci extension levels show the next upside targets.
Technical Indicators Signals
The 100 SMA is above the longer-t
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