Bitcoin (BTC) Price Weekly Forecast: Can Bulls Aim $11.5K?

There was a decent rise in bitcoin price above the $10,500 resistance level against the US Dollar.
The price climbed higher and even broke the key $10,650 and $10,800 resistance levels.
There is a major ascending channel forming with support at $10,700 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
The pair is climbing higher and it could continue to rise above the $11,000 resistance area.Bitcoin price is gaining momentum above $10,500 against the US Dollar. BTC price is like