There is a strong resistance forming for bitcoin near the 8,200-8,300 area against the US Dollar. The price is placed nicely above the $7,840 and $7,600 support levels. There is a crucial contracting triangle forming with resistance near $8,200 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair is likely...The post Bitcoin (BTC) Price Weekly Forecast: Bulls Preparing For Larger Rally appeared first on NewsBTC.
