BitCoin - Technical Analysis: Monday, 20/11/2017 07:29 GMT

Bitcoin price moves within long term bullish track, and the next target of the ascending channel is located at 8450.00, while it gets continuous positive support by the exponential moving averages 50 and 100.

Thus, the way is open to achieve more rise in the coming period, and surpassing 8450.00 will push the price to 9350.00 areas, while breaking 7430.00 will force the price to turn to decline and visit 6000.00 areas mainly.