Bitcoin Price Weekly Analysis: BTC Approaching Significant Break

Key PointsBitcoin price failed to gain momentum above $3,900 and declined recently against the US Dollar.
There is a major contracting triangle formed with support at $3,765 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
The pair is approaching the next significant break either above $3,850 or below $3,750.Bitcoin price is trading near important support levels against the US Dollar. BTC/USD may soon make the next move either above $4,000 or below $3,500.
Bitcoin Price Analysis