Bitcoin Daily Chart Indicates It Is Going Parabolic To $9K and $10K

Bitcoin broke a couple of important hurdles near $7,500 and $8,000 on the daily chart against the US Dollar. BTC price action indicates a strong rise towards $9,100 or even $10,000.Bitcoin price surged $500 and settled above the key $8,000 resistance against the US Dollar.
A new 2020 high is formed near $8,464 and the price is currently correcting lower.
There was a break above a major bearish trend line with resistance near $7,630 on the daily chart of the BTC/USD pair (data feed from Kraken).