Bitcoin Price Watch: BTC/USD Sets Eyes On $6,080

Key PointsBitcoin price declined slightly and settled below the $6,300 level against the US Dollar.
There was a break below a short term triangle pattern with support at $6,320 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair is currently trading below the 100 hourly SMA and it could decline towards $6,080 or $6,000.Bitcoin price is slowly moving lower against the US Dollar. BTC/USD may continue to move down and it could test the $6,080-6,000 support area in the near ter