Bitcoin Price Watch: BTC/USD’s Trend Overwhelmingly Bullish

Key PointsBitcoin price surged higher and broke a crucial resistance near $6,380 against the US Dollar.
There is a new key bullish trend line forming with support at $6,480 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The BTC/USD pair is currently correcting lower, but it is likely to find support near $6,640 and $6,600.Bitcoin price surged above $6,700 against the US Dollar. BTC/USD is now placed in an uptrend with supports near $6,600 and $6,540 on the downside.
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