Bitcoin Price Weekly Analysis: Sell Rallies In BTC/USD Near $5,880

Key PointsBitcoin price declined heavily and traded close to the $5,200 support level against the US Dollar.
There is a short term consolidation pattern formed with resistance at $5,550 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
The pair could correct higher towards $5,750 or $5,880, but upsides are likely to be contained.Bitcoin price settled below key supports against the US Dollar. BTC/USD may recover in the short term, but sellers remain in control around $5,880.
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