Bitcoin enthusiasts come forward with optimistic forecasts.
BTC/USD loses 2% on the day, failing to move above strong resistance.
Bitcoin finished the previous week with nearly 20% gains giving the HODLers some light in the tunnel. While it remains to be seen whether the bearish trend is gone, the weekly close above $8,000 and above 61.8% Fibo at $8,100 looks inspiring enough to encourage some optimism and hopeful forecasts.Readmore: https://www.fxstreet.com/cryptocurrencies/news/bitcoin-price-analysis-btc-usd-loses-ground-618-fibo-under-threat-201804160327