Bitcoin Price (BTC) Sighting Next Downside Break Below $8.2K

Bitcoin price is consolidating yesterday’s losses above the $8,200 support against the US Dollar.
The price is clearly trading with a bearish bias and remains at a risk of more losses below $8,000.
There is a key breakout pattern forming with resistance near $8,600 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The price could soon resume its decline below $8,200 unless the bulls push the price above $8,800.Bitcoin price is forming the next breakout pattern against the U