Bitcoin Price Struggles Post Expected Fed Result, More Losses Ahead?

Bitcoin price is struggling to recover above the $29,000 resistance level. BTC must settle above $29,000 and then $29,600 to move into a positive zone.Bitcoin is attempting a recovery wave above the $28,850 level.
The price is trading below $29,200 and the 100 hourly Simple moving average.
There is a key bullish trend line forming with support near $29,250 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could face a strong resistance near the $29,600 resistance.Bitcoin