Bitcoin (BTC) Could Rise Again Before Fresh Monthly Low

Bitcoin price is back to where it started and trading below the $7,380 resistance against the US Dollar.
The price is currently under pressure, but it is likely to hold the $7,100 support area.
There is a short term contracting triangle forming with resistance near $7,220 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could rise again towards the $7,380 and $7,400 resistance levels, where sellers might emerge.Bitcoin price is back in a bearish zone below $7,400 agains