Bitcoin Price Weekly Analysis – BTC/USD’s Upside Drift

Key Points
Bitcoin price continues to trade higher and it recently moved above $8800 against the US Dollar.
There was a break above an ascending channel with resistance at $8650 on the 4-hours chart of BTC/USD (data feed from SimpleFX).
The pair is now gaining pace above $8500 and looks set to break the $9000 level in the near term.
Bitcoin price is moving higher above $8800 against the US Dollar. BTC/USD might soon break $9000 to trade further higher in the near term.
Bitcoin Price Upside Break