29-11-2017 04:36 via newsbtc.com

Bitcoin Price Technical Analysis for 11/29/2017 – Steep Climb to New Highs

Bitcoin Price Key Highlights
Bitcoin price has been on a tear and is currently testing the $10,000 levels.
The ascending channel on the 1-hour time frame suggests that a steeper climb is underway.
Price could head up to the $10,500 area, which lines up with a Fib extension level marked in a previous article.
Bitcoin price seems unstoppable in its climb, buoyed by higher trading volumes and investor interest.
Technical Indicators Signals
The 100 SMA is safely above the longer-term 200 SMA on the
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