This week, we saw solid gains in bitcoin price above USD 8,500. BTC/USD traded towards the USD 8,900 and USD 9,000 resistance levels and recently started a short term downside correction. The price declined below the USD 8,750 support level, but there are many crucial supports on the downside near the USD 8,350 and USD 8,220 levels. Similarly, there was a minor pullback in ethereum price below USD