Bitcoin Price Technical Analysis for 12/12/2017 – Correction Completed!

Bitcoin Price Key Highlights
Bitcoin price has recovered from its drop after reading new highs a few days back.
Price is now at the 76.4% extension level on the latest pullback and could have enough momentum to make it to the full extension.
However, technical indicators are showing weakening energy among buyers.
Bitcoin price has completed its pullback from the rally earlier in the month and could be ready to take on new highs.
Technical Indicators Signals
The 100 SMA is above the longer-term 2