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Bitcoin price prediction: BTC/USD struggles to stay above $8000 – Confluence Detector

Bitcoin price prediction: BTC/USD struggles to stay above $8,000 – Confluence Detector

BTC/USD dropped from $8,215.70 to $8,030.50 this Tuesday. The resistance level at $8,090 prevents any further upward movement. After a brief foray into the $8,200-zone, BTC/USD had a hugely bearish Tuesday, wherein the price fell from $8,215.70 to $8,030.50. Since then, the bulls have tried to recover the price this Wednesday as BTC/USD has slightly improved to $8,037.55.