There was a steady decline in bitcoin price below the $8,200 support against the US Dollar. The price is currently trading below $8,000 and it remains at a risk of more losses. There is a major bearish trend line forming with resistance near $8,100 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The price must climb above $8,100 and $8,200 for bullish continuation in the near term. Bitcoin price is showing bearish signs below $8,000 against the US Dollar. BTC could extend its decline below the…
Bitcoin (BTC) Price Weekly Forecast: Vulnerable Below $8K-$8.2K
