Bitcoin Price: Is $8K the New Normal or Can it Bounce Back?

Bitcoin Price: Is $8K the New Normal or Can it Bounce Back?

The bitcoin price is now balancing around $8,000 USD, potentially favoring a chance to revert and upgrade to the former lateral market, somewhere around the $10,000 axis level. How do the charts look this week? Read our weekly technical analysis to find out. Also read: Bitcoin Price Finally Moves, but Not How You Wanted.