Bitcoin (BTC) Price Trading Sideways: Bulls Eyeing Fresh Increase

Bitcoin price failed to gain momentum above $8,150 and $8,200 against the US Dollar. The price is slowly moving lower in a range and it could test the $7,700 or $7,660 support. This week’s followed key bullish trend line was breached with support near $7,980 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair may continue to trade in a range before a fresh increase above the $8,000 and $8,150 levels.

Bitcoin price is struggling to climb further higher within range...

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