Bitcoin (BTC) Price Won’t Go Quietly, Risk of Bounce Grows

Bitcoin price is down more than 8% and it dived below $7,500 against the US Dollar.
The price is currently correcting higher after trading to a new monthly low near $7,300
There are two connecting bearish trend lines forming with resistance near $7,450 and $7,660 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The price is trading near key supports and it could correct higher towards $7,660 and $7,700.Bitcoin price is down around $1,000 this week against the US Dollar. BTC bear