Technicals
Price is currently attempting to break a steep overhead trendline.
The 50 & 20 Moving averages are providing support.
Breaking out will see us test the overhead resistance at $17.1k.
This resistance has been in place all week and is currently the exact price level of the 200MA.
Breaking above these resistances will see us fill the untouched weekly pivot at $17.6k
Breaking down on the 20 & 50MA support will see price fill the future pivot at $16.58k.
Support here will be the hull MA (bounced price back up 3 times since Thursday) followed by buy orders at $16.3k.
Break up more likely in my opinion with the week characterised by sudden breakups in the range $16.3 - $17.1k followed by steep sell offs.
RSI Neutral, volume flat so far.