Bitcoin Price Weekly Analysis: BTC/USD Could Accelerate Gains

Key PointsBitcoin price is trading with bullish moves above the $7,000 level against the US Dollar.
There was a break above a major bearish trend line with resistance at $7,610 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
The pair is now facing another important barrier near the $7,700 level and the 100 simple moving average (4-hours).Bitcoin price is trading nicely above the $7,400 pivot against the US Dollar. BTC/USD could accelerate gains once it breaks the $7,700 and $8,