Bitcoin Price Technical Breakdown Could Take BTC Toward $25K

Bitcoin price is moving lower below the $28,000 level. BTC is at risk of a downside break toward the $25,000 support in the near term.Bitcoin struggled to recover above the $27,500 and $27,800 resistance levels.
The price is trading below $27,500 and the 100 hourly Simple moving average.
There are two bearish trend lines forming with resistance near $27,000 and $27,800 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could continue to move down if it breaks the $26,750 s