Bitcoin Price Watch: BTC/USD Dips Remain Supported

Key PointsBitcoin price moved higher and broke a major resistance near $7,650 against the US Dollar.
Yesterday’s highlighted major bearish trend line with resistance at $7,645 was breached on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair may correct a few points in the short term, but dips remain supported around $7,600.Bitcoin price is building bullish momentum above $7,600 against the US Dollar. BTC/USD remains buy on dips near the $7,600 and $7,500 support level