21-10-2019 08:00 via newsbtc.com

Bitcoin (BTC) Price Recovers Above $8.2K But Approach Remains Cautious

Bitcoin price is currently correcting higher and it broke the key $8,200 resistance against the US Dollar.
The price is now consolidating gains below the $8,300 and $8,350 resistance levels.
There is a short term breakout or bullish continuation pattern forming with resistance near $8,250 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The price could struggle to continue higher and it might correct towards the $8,100 support.Bitcoin price is rebounding nicely above $8,100 and
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