Bitcoin price is slowly recovering and forming support around the $6,500 level against the US Dollar. There is a major bearish trend line forming with resistance at $7,500 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair has to move above the $7,400 and $7,500 resistance …

Source: Bitcoin Price Weekly Analysis – BTC/USD’s Upsides Remain Capped