In the past few hours (08:00 UTC), there were mostly range moves in bitcoin price above the USD 8,200 support area. On the upside, BTC/USD seems to be facing a strong resistance near USD 8,350 and USD 8,400. Therefore, the next move could be either a sharp increase above USD 8,400 or a downside extension below the USD 8,200 support. Conversely, there were positive moves in many major altcoins,