Key Points Bitcoin price found support near the $5,970-6,000 area and recovered nicely against the US Dollar. There is a major contracting triangle forming with resistance near $6,480 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair must break the $6,480 and $6,570 resistance levels to gain upside momentum in...The post Bitcoin Price Watch: BTC/USD Could Rebound Above $6,500 appeared first on NewsBTC.
