Bitcoin (BTC) Signaling Bearish Continuation, $7K Support At Risk

Bitcoin price is struggling to hold a couple of important supports near $7,200 against the US Dollar.
The price is likely to continue lower below the $7,200 and $7,000 support levels.
There is a major bearish trend line forming with resistance near $7,390 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could even revisit the $6,500 support area once it settles below the $7,000 support.Bitcoin price is facing a fresh round of selling below $7,400 against the US Dollar.