Bitcoin Price Watch: BTC/USD Preparing for Next Upside Wave

Bitcoin Price Watch: BTC/USD Preparing for Next Upside Wave | NewsBTC

Bitcoin price recently dipped and then rallied above the $6,400 level against the US Dollar. There was a break above two bearish trend lines with resistance at $6,320 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is currently correcting lower, but it remains supported near the $6,320-00 zone.