Bitcoin (BTC) Price Weekly Prediction: Indicators Suggest Rally To $9,000

There was a strong buying interest for bitcoin near the $6,800 support area against the US Dollar.
The price started a fresh increase and broke the $7,000 and $7,500 resistance levels.
There was a break above a major contracting triangle with resistance near $7,300 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
The pair is eyeing a strong rise and it could trade above $8,500 and $8,800 in the near term.Bitcoin price is up more than 10% after a strong downside correction again