Bitcoin Price Watch: BTC/USD’s Rebound Above $6,350 is Real?

Key PointsBitcoin price recovered nicely after trading as low as $5,894 and moved above $6,200 against the US Dollar.
There is a new connecting bullish trend line forming with support at $6,180 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could revisit the $6,550 resistance zone as long as it is above the $6,150 level.Bitcoin price rebounded more than $300 from lows against the US Dollar. However, BTC/USD is facing many resistances near $6,450 and $6,550.
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