Bitcoin is still not out of the woods yet, if we take a look at the weekly chart. We're still trading this week between $9,400 and $10,800. A very nice $1,400 up from the beginning of the week, and definitely a healthy bounce to many's portfolios. However, we're still trading below the high of last week's high, at $11,800. This price zone is also where the 100 Day Moving Average acts as resistance.