Bitcoin Price Watch: Buy Dips In BTC/USD Near $6,400

Key PointsBitcoin price declined towards the $6,350 support and later recovered sharply against the US Dollar.
There was a break above two bearish trend lines formed with resistance at $6,410 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The price tagged the $6,450-60 resistance and it is currently correcting lower.Bitcoin price recovered higher towards the range high at $6,460 against the US Dollar. BTC/USD remains supported on dips near the $6,410 and $6,400 supports.
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