Bitcoin Price Watch: BTC/USD Facing Crucial Resistances

Key PointsBitcoin price started an upside move after trading as low as $6,202 against the US Dollar.
There was a break above a key bearish trend line with resistance at $6,340 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could continue to move higher, but it is facing many hurdles near $6,390 and $6,400.Bitcoin price recovered nicely from the $6,200 support against the US Dollar. BTC/USD is now above $6,300, but it could struggle near the $6,370, $6,390 and $6,400 le