Bitcoin (BTC) Price Poised for Declines Unless It Breaks $9K

Bitcoin price is trading with a bearish angle below the $8,880 resistance against the US Dollar.
The price is likely to continue lower below the $8,640 and $8,600 support levels.
There is a short term breakout pattern forming with resistance near $8,740 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The bears remain in control unless the price climbs above $8,880 and $9,000.Bitcoin price is under a lot of pressure below $8,880 against the US Dollar. BTC could decline significa