Bitcoin’s Price Flirts With $800 As Bulls Remain In Control Author: Timothy Sohn Last Updated: 19 December 2016 (The Coin Telegraph) – Bitcoin continues to slowly push to the upside reaching new yearly highs once again over the weekend, defying the logic of many traders. The bears simply cannot get their claws into the market for the time being, despite severely overbought technicals in what is still a heavy resistance zone.