Bitcoin Price Watch: BTC/USD Could Dip and Rip Above $6,520

Key PointsBitcoin price is consolidating below the $6,520 resistance level against the US Dollar.
Yesterday’s highlighted key ascending channel is active with support at $6,430 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The price could decline a few points towards $6,400 or $6,380 before it climbs higher.Bitcoin price is currently trading in a range above $6,400 against the US Dollar. BTC/USD must break $6,520 to accelerate gains in the near term.
Bitcoin Price Analys