Bitcoin (BTC price) had another very strong week, with the ETF hype continuing to apply upward pressure to price action.  STRONG WEEK FOR BTC PRICE BULLS Bitcoin price punched through the 200 daily EMA early on Monday Morning, where it quickly became support and provided a Launchpad to the 1.618 Fibonacci target of $8,515 by Tuesday. Using Bitfinex long-Short data; a notable 22% of long positions were closed in the run-up to the highs fromRead MoreThe post BTC Price Analysis: Strong Weekly Close Favors Bulls appeared first on Bitcoinist.com. For Further Information Click on Below Button