Bitcoin Price (BTC) Breaks Key Support: $8,800 Bearish Target Could Be Real

Bitcoin price extended its declined and broke the key $10,800 support level against the US Dollar.
The price even broke the last swing low and a major support area near the $10,500 level.
There is a key bearish trend line forming with resistance near $10,650 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The price remains in a strong target and it seems like the $8,880 bearish target seems real.Bitcoin price started a fresh decline below the $10,800 support against the US Doll