Bitcoin Price Technical Analysis for 12/04/2017 – Another Rally Pullback

Bitcoin Price Key Highlights
Bitcoin price zoomed up to one of the Fib extension levels marked in an earlier article before making another correction.
Applying the Fib retracement tool on this move shows the nearby support levels.
Price is currently testing an area of interest that might be enough to hold as a floor.
Bitcoin price is pulling back from yet another strong rally to new sets of highs, possibly drawing more buyers in.
Technical Indicators Signals
The 100 SMA is above the longer-term