Bitcoin Price Weekly Analysis: BTC/USD Remains Supported Near $6,380

Key PointsBitcoin price is holding the $6,380 and $6,350 support levels against the US Dollar.
There is a major contracting triangle forming with resistance at $6,420 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
The pair needs to surpass the $6,420 and $6,460 resistance levels to gain momentum.Bitcoin price is holding the key $6,350 support against the US Dollar. BTC/USD is likely to break $6,420 to climb towards the $6,460 and $6,500 levels.
Bitcoin Price Analysis
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