Here’s Why Bitcoin’s 15% Rally Could Fail Near The Key $6,500 Barrier

Bitcoin is up more than 15% and it broke the $6,000 resistance against the US Dollar. However, BTC price is now facing a huge barrier near the $6,400 and $6,500 levels.Bitcoin managed to rise above the $5,800 and $6,000 resistance levels against the US Dollar.
The price is up more than 15% and it is now approaching the key $6,500 resistance.
There is a major bearish trend line forming with resistance near $8,000 on the daily chart of the BTC/USD pair (data feed from Kraken).
The bulls are likely