Bitcoin Price Weekly Analysis: BTC/USD Turned Short-term Bullish
Key PointsBitcoin price traded higher and cleared the $6,580-6,600 resistance zone against the US Dollar.
There is a key bullish trend line in place with support at $6,550 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
The pair is currently correcting lower, but it could find support near the $6,600 and $6,550 levels.Bitcoin price climbed above the key $6,600 resistance against the US Dollar. BTC/USD needs to clear the $6,850 level to gain upside momentum in the near term.
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