BitCoin - Technical Analysis: Friday, 22/12/2017

Bitcoin price touched the next correctional level at 12655.00 after surpassing our waited target at 14310.00, indicating that the negative pressure will continue its domination on the coming trades, as the next extended target is located at 11000.00.

The bearish trend will remain expected for the coming period unless the price rose to surpass 14310.00 level and settle above it.