07-10-2018 08:28 via newsbtc.com

Bitcoin Price Weekly Analysis: BTC/USD Buyers Losing Momentum Above $6,600

Key PointsBitcoin price formed a decent support near the $6,400 level against the US Dollar.
There was a break above a major bearish trend line with resistance at $6,540 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
The pair is struggling to gain momentum above the $6,600 and $6,650 resistance levels.Bitcoin price is trading with a positive bias above $6,400 against the US Dollar. BTC/USD must break the $6,650 resistance to gain upside momentum.
Bitcoin Price Analysis
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