Bitcoin - Technical Analysis: Wednesday, 25/04/2018 04:29 GMT

Surpassing 23.6% Fibonacci correction level pushes Bitcoin price to achieve more potential gains, and the next target is located at 11171.40.

The exponential moving averages 50 and 100 support the price positively, while breaking 9164.60 will push the price to fall under negative pressure on the short term and medium term basis.