Bitcoin Price Weekly Analysis: BTC Could Accelerate Gains Above $3,850

Bitcoin price formed a solid support near the $3,560 level and moved higher against the US Dollar.
There is a crucial bearish trend line in place with resistance near $3,850 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
The pair could continue to move higher towards the $3,850 and $4,000 levels in the near term.Bitcoin price is showing positive signs above the $3,600 support against the US Dollar. BTC/USD could accelerate gains once there is a break above $3,800 and $3,850.