Bitcoin (BTC) Price Weekly Forecast: Bulls Preparing For Larger Rally

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 to break higher and surge once it clears the key $8,300 resistance area.Bitcoin price is holding gains above $7,800 and $8,000 against the US Dollar. BTC seems to be set