Bitcoin price analysis shows that bullish momentum is building as BTC reclaims the psychological $8K level. But is a new YTD-high next? Bitcoin Price Analysis: Daily Chart Bitcoin’s price continues to track nicely inside an ascending triangle pattern, after bulls successfully springboarded off the $7,500 level yesterday. Now, their next challenge is to close above the psychological $8K level which currently stands between them and the YTD-high at $8,380. Can buyers keep the momentum going?Read MoreThe post Bitcoin Price Analysis: Two Bullish Indicators Are Flashing at $8K appeared first on Bitcoinist.com.