Bitcoin Price Weekly Analysis: Can BTC/USD Break Higher?

Key PointsBitcoin price is placed nicely above the $7,200 level with positive signs against the US Dollar.
There is a key bearish trend line in place with resistance at $7,750 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
The pair must accelerate gains above the $7,750 and $7,800 barriers for more upsides in the near term.Bitcoin price is moving in a bullish zone above $7,200 against the US Dollar. BTC/USD may perhaps clear the $7,800 resistance to jump above $8,000 in the ne