Bitcoin (BTC) Target Fresh Monthly High or Even $8K

Bitcoin price is showing positive signs above the $7,400 resistance area against the US Dollar.
The price is likely to clear the $7,560 and $7,600 resistances to continue higher.
There is a major bullish trend line forming with support near $7,490 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could rally once there is a successful close above $7,600 and $7,700 in the coming days.Bitcoin price is trading in a positive zone above $7,400 against the US Dollar. BTC is li