Bitcoin Price Weekly Analysis: BTC/USD Targets $7,300-7,400

Key PointsBitcoin price is moving higher nicely and it could soon test the $7.300 level against the US Dollar.
There is a major bullish trend line formed with support at $7,050 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
The pair is likely to climb higher slowly and steadily above the $7,300 level in the near term.Bitcoin price is gaining strength above the $7,100 level against the US Dollar. BTC/USD buyers are now targeting the $7,300 and $7,400 resistances.
Bitcoin Price