Bitcoin Weekly Forecast: BTC Aiming Key $6.5K Support

There was a sharp decline in bitcoin below the $8,000 and $7,500 supports against the US Dollar.
The price is currently correcting losses, but remains at a risk below $7,400.
There is another breakdown pattern forming with support near $7,240 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
The price is currently trading below the $7,500 resistance and likely to decline further.Bitcoin price is trading in a strong downtrend below $7,500 against the US Dollar. BTC is likely to c