Bitcoin Price Technical Analysis for 12/21/2017 – Small Bullish Pattern Sighted?

Bitcoin Price Key Highlights
Bitcoin price appears ready to bounce off support at the area of interest visible on the longer-term charts.
Price seems to be forming a double bottom around the $16,000-18,000 levels and a neckline break could allow the climb to resume.
In that case, bitcoin price could make its way back up to the swing high and beyond.
Bitcoin price continues to ward off bearish pressure around the $16,000 area of interest and might be ready to make a stronger rally.
Technical Indi