Bitcoin Price Weekly Analysis: BTC Could Rebound To $4,000

Bitcoin price formed a significant support near the $3,345 level and jumped sharply against the US Dollar.
There was a break above a crucial bearish trend line with resistance at $3,380 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
The pair rallied above the $3,400 and $3,500 resistance levels to move into a bullish zone.Bitcoin price surged higher recently above the $3,550 barrier against the US Dollar. BTC/USD might continue to move higher towards the $3,800 and $4,000 res