Bitcoin Price Weekly Analysis: BTC/USD Showing Recovery Signs

Key PointsBitcoin price made a short-term low near $5,800 and bounced back against the US Dollar.
There was a break above a key bearish trend line with resistance at $6,280 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
The pair is currently trading with a positive bias above the $6,000 support area.Bitcoin price is showing positive signs against the US Dollar. BTC/USD may perhaps extend the current wave towards the $6,500 and $6,600 resistance levels.
Bitcoin Price Support
Th