Analysis: BTC may rise to $8,350, but needs volume support

According to Coindesk's analysis, the BTC has rebounded to $8,000 on the 4-hour chart, forming a double-breakout, which is a bullish pattern. The rise in prices opened the door to $8,400, but the BTC may first face resistance at $8,350, but this requires volume to support, and if it is not heavy (currently lower), the rise will be short-lived. If the BTC price closes below $8,000 on weekends, it will continue to bearish to $7,432.