Bull Case Strengthens? Bitcoin Stays Bid Above $8K

Bitcoin's quick recovery from the minor wobble seen in Asian hours has strengthened the bull case scenario, technical charts indicate

On Coinbase's GDAX exchange, BTC clocked a high of $8,650 yesterday before a technical failure at key trendline resistance pushed prices back to $7,535. However, the dip was short-lived and the cryptocurrency moved back above the $8,000 mark this morning and was last seen changing hands at $8,280.