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Bitcoin price prediction: BTC/USD claws back ground above $8500 – Confluence Detector

Bitcoin price prediction: BTC/USD claws back ground above $8,500 – Confluence Detector

BTC/USD has recovered from the recent low, still under pressure. Bears may have an upper hand in the short-run. BTC/USD has made its way above $8,500 after a short-lived dip to $8,369 on November 15. At the time of writing, BTC/USD is changing hands at $8,522, mostly unchanged both on a day-to-day basis and since the beginning of Sunday.