Bitcoin Price Continues Slide As Crypto Market Sentiment Takes Hit

Bitcoin price extended its decline below the $28,000 support. BTC tested $27,650 and is currently attempting a minor upside correction.Bitcoin is showing bearish signs below the $28,500 resistance zone.
The price is trading below $28,200 and the 100 hourly Simple moving average.
There is a major bearish trend line forming with resistance near $28,000 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could correct higher but upsides might be limited above the $28,500 level