Bitcoin Price Watch: BTC/USD Upsides Remain Limited

Key PointsBitcoin price is struggling to hold the $7,250-7,300 support area against the US Dollar.
There are two bearish trend lines formed with resistances at $7,400 and $7,510 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair remains at a risk of more losses if it breaks the $7,150 support level.Bitcoin price is moving further into the bearish zone below $7,400 against the US Dollar. BTC/USD must remain above $7,000 to avoid a sharp decline.
Bitcoin Price Analysis
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