$btc They bulls are fighting back but $8200 is a big barrier.

BTC has made a great recovery from the intense selling this week having found strong support in the golden pocket. The price is currently sitting below a strong cluster of resistances, which will be extremely difficult to get through. Recapturing the top side of the middle bollinger band would be extremely bullish , but it sits right on the $8200 level which has been strong resistance in the past. The close tonight could be very volatile as the bears may try to take dominance once again. Be vigilant and it looks like the $7400 level is a area to have stop losses set.