Bitcoin Price Watch: BTC Signaling Decent Comeback Above $3,700

Bitcoin price declined again and tested the $3,550 support area before recovering against the US Dollar.
There was a break above a major bearish trend line with resistance at $3,585 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The price is currently showing positive signs above the $3,600 support level, with a bullish angle.Bitcoin price broke a key resistance near $3,600 recently against the US Dollar. The current price action is positive, signaling an upside extension abov