Bitcoin (BTC) Price Weekly Forecast: $8300 Holds Key For Fresh Increase

Bitcoin (BTC) Price Weekly Forecast: $8,300 Holds Key For Fresh Increase | NewsBTC

After a sharp increase, bitcoin price corrected lower sharply below $8,500 against the US Dollar. The price is currently consolidating above the key $8,300 support area. There was a break below a key bullish trend line with support near $8,420 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).