Bitcoin Price Watch: BTC Primed To Break $4K

Key PointsBitcoin price is grinding higher and it recently broke the $3,900 resistance against the US Dollar.
There is a key ascending channel formed with support at $3,850 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The price may decline a few points before it makes an attempt to clear the $4,000 resistance.Bitcoin price is showing positive signs above $3,800 against the US Dollar. BTC remains well supported on the downside for more gains above $4,000.
Bitcoin Price Analysi