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Bitcoin Price Watch: BTC/USD Closing In Towards Next Move

Bitcoin Price Watch: BTC/USD Closing In Towards Next Move | NewsBTC

Key Points Bitcoin price is trading above the $6,385 and $6,355 support levels against the US Dollar. There is a crucial contracting triangle formed with resistance at $6,420 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price could slide towards the $6,355 support if there is a break below $6,400 and $6,385.