Bitcoin Price Weekly Analysis – BTC/USD Eyes Break of $8000

Key Points
Bitcoin price is gaining pace and will most likely break the $7500 resistance against the US Dollar.
There is a major bullish trend line forming with support at $7300 on the 4-hours chart of BTC/USD (data feed from SimpleFX).
The pair is now well supported above the $7300 and $7000 support levels for more gains.
Bitcoin price remains well in the bullish zone above $7000 against the US Dollar. BTC/USD might break $7500 soon and could even test $8000.
Bitcoin Price Remains Buy on Dips
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