Key Points Bitcoin price is forming a support base above the $6,350 and is currently moving higher against the US Dollar. There is a short-term contracting triangle forming with resistance near $6,610 level on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair must stay above the $6,420 and $6,350 support...The post Bitcoin Price Watch: BTC/USD Slowly Grinding Higher Towards $6,700 appeared first on NewsBTC.