Bitcoin Price & Time: Bulls Aiming $7.8K and $8K

After a downside correction, bitcoin price found support near $6,860 against the US Dollar.
The price is currently rising and trading nicely above the $7,400 resistance.
There was a break above a major declining channel with resistance near $7,345 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
The price is likely to continue higher towards the $7,800 and $8,000 resistance levels.Bitcoin price is showing a lot of bullish signs against the US Dollar. BTC bulls are in control and