Bitcoin Price Technical Analysis for 12/11/2017 – Updated Extension Levels

Bitcoin Price Key Highlights
Bitcoin price has been able to make a correction from its stellar rally over the past week.
Price pulled back to the $13,000 area then bounced off the support level to signal that it’s ready to resume the climb.
Bitcoin is now testing the 50% extension level and the next upside targets are marked.
Bitcoin price has completed its correction from the latest rally and is resuming the climb to the swing high.
Technical Indicators Signals
The 100 SMA is still above