Trader: Bitcoin Break Out Imminent as Weekly Chart Turns Bullish, $8,000 Next?

Over the past 24 hours, many well-recognized traders in the cryptocurrency market have expressed their optimism toward the stabilization of Bitcoin and its positive weekly moving average convergence divergence (MACD).
Popular cryptocurrency traders and analysts including Crypto Rand have placed heavy emphasis on the weekly MACD indicator of Bitcoin, which has demonstrated a reverse in trend for the first time since July.When the weekly MACD showed a major reversal in late July, the Bitcoin price