Bitcoin Price Weekly Analysis: BTC/USD Rebound Faces Significant Hurdle

Key PointsBitcoin price recovered recently and tested the $6,375 resistance area against the US Dollar.
There is a significant bearish trend line in place with resistance at $6,400 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
The pair must break the $6,365, $6,375 and $6,400 resistance levels to trade higher in the near term.Bitcoin price is still above the $6,250 support against the US Dollar. However, BTC/USD is facing a crucial resistance near the $6,375-6,400 area.
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