Bitcoin Price Watch: Can BTC/USD Break $6,480-6,550 This Time?

Key PointsBitcoin price declined and tested the $6,200-6,220 support area against the US Dollar.
There is a major bearish trend line forming with resistance near $6,480 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair is currently correcting higher, but it could struggle to move past $6,480 and $6,500.Bitcoin price failed to move above $6,600 recently and declined against the US Dollar. BTC/USD is recovering, but it may possibly continue to face sellers near $6,480.
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