Bitcoin Price Weekly Analysis: Can BTC/USD Gain Traction?

Key PointsBitcoin price is currently consolidating around the $6,500 level against the US Dollar.
The BTC/USD pair is currently attempting an upside break above a declining channel with resistance at $6,500 on the 4-hours chart (data feed from Kraken).
The pair may move a few points higher, but there are many hurdles on the upside near the $6,800 level.Bitcoin price is stable above the $6,400 level against the US Dollar. BTC/USD must gain momentum above $6,600 and $6,800 to move into a bullish z