Bitcoin Price Hints At Potential Correction, Buy The Dip?

Bitcoin price is again moving lower from the $27,500 resistance. BTC could extend its decline and revisit the $25,400 support zone.Bitcoin started a downside correction after it failed to clear the $27,500 resistance.
The price is trading below $27,000 and the 100 hourly Simple moving average.
There was a break below a major bullish trend line with support near $26,800 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair is now at a risk of more downsides below the $26,350 l