Analyst: Bitcoin Must Close Above $8,200 In Order for Bullish Momentum to Extend

Bitcoin has once again incurred a sudden influx of buying pressure that has allowed it to continue climbing higher after briefly dipping as low as $7,500 over the past couple of days. Although BTC’s surge back above $8,000 is certainly positive, it is still struggling to move higher as it faces strong selling pressure around its current price.
Analysts are now noting that Bitcoin must continue to surge and decisively close above $8,200 or else the cryptocurrency’s bullish momentum ma