Bitcoin Price Watch: BTC/USD Remains At Risk Below $6,500

Key PointsBitcoin price is currently consolidating below a major resistance at $6,500 against the US Dollar.
There is a short-term breakout pattern in place with resistance at $6,380 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair has to move above $6,380 and $6,500 to gain upside momentum in the near term.Bitcoin price is struggling to clear the $6,500 barrier against the US Dollar. BTC/USD could extend slides if it fails to move above $6,380 and $6,500.
Bitcoin Price