Bitcoin has once again failed to break back into the $8,000 region, signaling that this price level will remain a level of resistance for the foreseeable future. Importantly, BTC has still been able to hold above $7,600, which appears to have become a strong level of support for the cryptocurrency. Related Reading: Analysts are Still on Edge About Potential Bitcoin Collapse Despite Momentum Now, analysts believe that Bitcoin may be finding itself in a relatively tight trading range that may continue to persist for the time being, which may signal that the volatility that the markets have been experiencing as of late ... (full story)