Bitcoin price is consolidating losses above $6,300 against the US Dollar. BTC/USD remains in downtrend and it could decline further below the $6,267 low.
- Bitcoin is struggling to gain traction and is facing resistance near the $6,535 level.
- BTC/USD is trading inside an expanding triangle with resistance at $6,550 on the 2-hours chart.
- BTC price is likely to break the recent low at $6,267 to trade towards the $6,050 level.