Bitcoin Price Technical Analysis for 11/21/2017 – Testing Nearby Area of Interest

Bitcoin Price Key Highlights
Bitcoin price has established another set of record highs but has since pulled back from the rally.
Price is currently testing an area of interest around the former resistance at $8000.
This lines up with a Fibonacci retracement level and using the extension tool on this correction shows the next upside targets.
Bitcoin price is pulling back after setting new all-time highs, offering bulls a chance to join in the rally.
Technical Indicators Signals
The 100 SMA is abo