Bitcoin (BTC) Poised to Break Higher, High-$8,000s Back in Play

Bitcoin Bulls Return as BTC Taps $8,000

Bulls are looking to take control of Bitcoin (BTC) after a week of boring price action. In the past 48 hours, BTC has tried to convincingly break past $8,000 and close a key four-hour or 12-hour candle above $8,200. While this auspicious event from a technical analysis standpoint hasn’t come to fruition just yet, some cheery analysts are coming to the conclusion that bulls will only continue to pressure BTC higher in the days to come.

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