29-07-2018 08:30 via newsbtc.com

Bitcoin Price Weekly Analysis: BTC/USD Could Test $9,000

Key PointsBitcoin price made a nice upside move above the $7,600 and $8,000 resistances against the US Dollar.
There is a crucial bullish trend line in place with support at $7,950 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
The pair is placed nicely in a bullish trend above the $8,000 and $7,700 support levels.Bitcoin price completed a correction wave near $7,800 against the US Dollar. BTC/USD is resuming its upside move and it could break the $8,500 high to test $9,000.
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