Bitcoin Price Weekly Analysis: BTC/USD Remains Sell on Rallies

Key PointsBitcoin price declined below $7,260 and moved into a bearish zone against the US Dollar.
There is a major bearish trend line formed with resistance at $7,320 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
The pair must clear the $7,260 and $7,320 resistances to move back in a positive zone.Bitcoin price tuned bearish with a close below $7,260 against the US Dollar. BTC/USD’s upsides remain capped near the $7,260 and $7,320 levels in the near term.
Bitcoin Price