Bitcoin Price Weekly Analysis: BTC Primed To Test $5,000

Key PointsBitcoin price gained pace recently and broke the $3,580 and $3,780 resistances against the US Dollar.
There is a major symmetrical triangle forming with resistance at $4,080 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
The pair is likely to break the $4,080 and $4,150 resistance levels to rally towards $4,500 or $5,000.Bitcoin price is placed in an uptrend above $3,580 against the US Dollar. BTC/USD is likely to extend the current bullish wave towards $4,500 or $5,