02-11-2018 10:28 via newsbtc.com

Bitcoin Price Watch: BTC/USD Targets Fresh High Above $6,400

Key PointsBitcoin price gained traction and moved above the $6,335 and $6,350 resistances against the US Dollar.
There was a break above a key bearish trend line with resistance at $6,345 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The price is currently correcting lower, but there are decent supports near $6,345 and $6,325.Bitcoin price is gaining upside momentum against the US Dollar. BTC/USD could dip a few points before it climbs above the $6,380 and $6,400 levels.
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