Bitcoin Price Technical Analysis for 12/13/2017 – Another Major Pullback?

Bitcoin Price Key Highlights
Bitcoin price continues to soar higher but is stalling at the top of its ascending channel on the 1-hour chart.
A bounce off the resistance could lead to a large pullback to support or any of the nearby Fib levels.
Technical indicators are showing that the longer-term climb could carry on.
Bitcoin price remains afloat but could use a major pullback to draw more bullish momentum in.
Technical Indicators Signals
The 100 SMA is above the longer-term 200 SMA so the path