Quote from: QuitDough on March 05, 2018, 12:57:56 PM

Bitcoin price is flirting with key resistance on the technical charts and could either break higher towards $17,000 or dip once more below the $10,000 mark.

Having clocked a high of $11,599 earlier today, bitcoin is now trading at $11,473, according to CoinDesk's Bitcoin Price Index (BPI). While the cryptocurrency has spent the better part of the last 42 hours above $11,000, a convincing break above the key resistance level of $11,600 (inverse head-and-shoulders neckline) has remained elusive amid lighter trading volumes.

https://www.coindesk.com/make-or-break-level-bitcoin-pauses-at-key-resistance/

This is an excellent price analysis, the price of bitcoin is already testing the resistance at $11600 probably a break out is imminent, else the price may retrace to the support at $10K having formed head-and-shoulder before rallying upward however all these analyses are subjects to any upcoming fundamentals.