Bitcoin Price Smashes Above $8,000 In Massive Short Squeeze

This week, Bitcoin price broke down from a bear flag pattern, setting a new local low around $7,300, and after some consolidation, broke back upward.
The resulting break out of a short-term pennant has led to a short squeeze of epic proportions, and nearly a $1,000 green candle that sent bears into hibernation and Bitcoin price over $8,400.
Bitcoin Price Blasts Upward To $8,400, Restores Confidence in Bull Market
After Bitcoin price broke down from a multi-month descending triangle, bears comple