Bitcoin Price Watch: BTC/USD Approaching Next Key Break

Key PointsBitcoin price is preparing for the next move with resistances near $6,385 and $6,530 against the US Dollar.
Yesterday’s highlighted major breakout pattern is still active with resistance at $6,385 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair is likely to make the next move either above $6,400 or below $6,240 in the near term.Bitcoin price remained confined in a range above $6,240 against the US Dollar. BTC/USD could recover to $6,530 if it breaks the