Bitcoin price rallied recently above the $8,400 and $8,500 resistance levels against the US Dollar. The price traded to a new yearly high at $8,900 and settled above the 55 simple moving average (4-hours). There is a crucial bullish trend line forming with support near $8,420 on the 4-hours chart of the BTC/USD pair (data...The post Bitcoin Price Analysis: BTC Dips Present Buying Opportunities appeared first on Live Bitcoin News.