Here’s Why Bitcoin Bulls Aim Larger Rally Above $7K In Near Term

Bitcoin is gaining momentum and it is trading above the $6,500 support against the US Dollar. BTC price is likely to continue higher towards $7,000 and $7,200 in the coming sessions.Bitcoin is showing a few positive signs above the $7,500 and $7,400 support levels against the US Dollar.
The price could grind higher towards $7,000 or even $7,500 if it clears the $6,800 resistance.
There is a major bullish trend line forming with support near $6,120 on the hourly chart of the BTC/USD pair (data fe