Bitcoin Price Key Highlights
Bitcoin price is regaining ground after its sharp pullback to the 100 SMA earlier on this week.
Using the Fibonacci extension levels on the latest correction move suggests that bitcoin price might even exceed its yearly highs if bulls stay in control.
Bitcoin price could aim for the next Fib extension levels on its current rally, although market event risks could pose challenges.
http://www.newsbtc.com/2015/12/16/bitcoin-price-technical-analysis-for-16122015-bulls-setting-targets/