Bitcoin Price Watch: BTC/USD’s Support Turned Resistance

Key PointsBitcoin price failed to trade higher towards $6,800 and declined recently against the US Dollar.
Yesterday’s highlighted key bullish trend line was breached with support at $6,560 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair declined below the $6,500 support and tested the $6,440 support level.Bitcoin price trimmed most of its gains against the US Dollar. BTC/USD could recover, but the broken support at $6,560 might act as a resistance.
Bitcoin Price