Bitcoin Price Defends Support As Traders Question Next Upside Push

Bitcoin price started a fresh decline below $89,500. BTC is consolidating losses and might attempt a recovery wave if it clears $92,000.Bitcoin started another drop below $90,000 and $89,000.
The price is trading below $90,500 and the 100 hourly Simple moving average.
There are two bearish trend lines forming with resistance at $90,300 and $93,000 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair might continue to move down if it stays below the $92,000 zone.Bitcoin Price