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Bitcoin [BTC] Bulls on their Marks above $8500, Analysts Point to the Last Stand for Bears

Bitcoin [BTC] bounces back above $8200 breaking the parallel channel resistance around $8450. The upside is now showing potential of the beginning of a macro bull run. Nevertheless, there are still resistances to over-come before confirmation on technical charts. The daily high logged on spot exchanges is $8677. The price of Bitcoin [BTC] at 3: 15

Bitcoin [BTC] bounces back above $8200 breaking the parallel channel resistance around $8450. The upside is now showing potential of the beginning of a macro bull run. Nevertheless, there are still resistances to over-come before confirmation on technical charts. The daily high logged on spot exchanges is $8677. The price of Bitcoin [BTC] at 3: 15