Bitcoin Price Hints at Downside: Preparing for Potential Declines

Bitcoin price corrected gained from the $66,000 resistance level. BTC dipped below $64,000 and might extend losses in the short term.Bitcoin started a fresh downside correction from the $66,000 resistance zone.
The price is trading below $64,500 and the 100 hourly Simple moving average.
There was a break below a key bullish trend line with support at $64,500 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair might gain bearish momentum if it dives below the $62,500 support