Bitcoin Price Watch: BTC/USD Breaks Key Resistance, Dips Remain Supported

Key PointsBitcoin price gained bullish momentum and surged above the $6,480 and $6,550 resistances against the US Dollar.
Yesterday’s highlighted key bearish trend line was breached with resistance near $6,475 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair traded above the $6,900 and is currently correcting lower towards key supports.Bitcoin price broke key resistance at $6,550 against the US Dollar. BTC/USD is back in a bullish zone with a close above the $6,620