Bitcoin Price Weekly Analysis: BTC/USD Could Correct Above $6,400
Key PointsBitcoin price is slowly recovering slowly and steadily above the $6,100 level against the US Dollar.
There was a break above a key bearish trend line with resistance at $6,220 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
The pair must stay above the $6,100 level to stay in the positive zone and recover higher.Bitcoin price declined heavily below $6,500 against the US Dollar. BTC/USD found support near $6,000 and is currently attempting an upside correction.
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