Bitcoin (BTC) Price Weekly Forecast: $8,300 Holds Key For Fresh Increase

After a sharp increase, bitcoin price corrected lower sharply below $8,500 against the US Dollar.
The price is currently consolidating above the key $8,300 support area.
There was a break below a key bullish trend line with support near $8,420 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
The price must stay above the $8,300 and $8,250 support levels to start a fresh increase in the near term.Bitcoin price is struggling to hold gains above $8,300 against the US Dollar. BTC n