Bitcoin (BTC) Price Smashes Resistance: Bulls Target Fresh High

Bitcoin price started a strong rise above the $7,800 and $8,000 resistances against the US Dollar.
The price gained traction and even traded close to the $8,200 resistance area.
This week’s followed important declining channel was breached near $7,960 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair is currently forming a triangle pattern and it could continue higher above $8,150 and $8,200.Bitcoin price jumped back into a positive zone above $7,800 against the US