Bitcoin (BTC) Breakdown Below $7K Likely, $6.5K Could Be Next
Bitcoin price is declining and it is now trading below the $7,200 support against the US Dollar.
The price is likely to struggle near the $7,200 and $7,280 levels if it corrects higher.
There is a key bearish trend line forming with resistance near $7,190 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair remains at a risk of a downside break below the $7,000 support area in the near term.Bitcoin price is sliding below key supports against the US Dollar. BTC remains at a
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