Bitcoin surged above the $7,000 resistance and reached the $7,200 bullish target against the US Dollar. BTC price is currently correcting lower and it could test the $6,500 support area. Bitcoin rallied significantly above the $6,800 and $7,000 resistance levels against the US Dollar. The price tested the $7,200 target (as discussed yesterday) before correcting lower. There is a key bullish trend line forming with support near $6,715 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could correct lower towards the $6,500 support before…