Bitcoin Price Technical Analysis for 11/18/2016 – Joining the Bulls?

Bitcoin price is retreating upon reaching its yearly highs but bulls could be ready for another push higher after this pullback.
Bitcoin Price Key Highlights
Bitcoin price reached the yearly highs around $780 and profit-taking happened as predicted in the previous article. Price is now making a pullback from its recent rally and could encounter more bulls who are waiting at the next area of interest. Technical indicators are confirming that the uptrend could resume once the correction is completed. Bitcoin price is retreating upon reaching its yearly highs but bulls could be ready for another push higher after this pullback.

This post was published at NewsBTC on November 18, 2016.

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