Bitcoin price analysis shows BTC/USD returning above $8,000 was short lived. But is the dream of $9,000 now dead for the bulls in the near term? Let’s take a look. Bitcoin Price Analysis: Recap Today, ramped up selling pressure has extended Bitcoin’s distance from the psychological level by $200, leaving bullish traders fighting to defend the $7,800. Looking back at the BTC/USD 30-minute chart we released yesterday, we can see that the price managed toRead MoreThe post Bitcoin Price Analysis: $8K Falls as Bulls Pin Hopes on Ascending Triangle appeared first on Bitcoinist.com.