Bitcoin Price Weekly Analysis – BTC/USD Eyes New High

Key Points
Bitcoin price is in super bullish trend and it recently traded above $7950 against the US Dollar.
There is a connecting resistance trend line forming with current barrier near $8050 on the 4-hours chart of BTC/USD (data feed from SimpleFX).
The pair is now well supported above the $7500 level and eyes a new high above $8000.
Bitcoin price is gaining pace above $7500 against the US Dollar. BTC/USD might soon break $8000 for more gains above $8050.
Bitcoin Price Uptrend
There was a shar