Bitcoin Bullish Reversal Held Off As Bulls Fail To Defeat $9k Resistance

Bitcoin is slowly gaining bullish momentum above $8,800 against the US Dollar. BTC price must settle above the $9,000 barrier to start a convincing rally towards $9,500.Bitcoin is showing positive signs above the $8,800 resistance area against the US Dollar.
The price remains well supported on dips near the $8,840 and $8,780 levels.
There is a major bullish trend line forming with support near $8,780 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could start a massive