Bitcoin Price Watch: BTC Could Extend Decline To $3.2K-3.0K

Bitcoin price failed to stay above the $3,520 and $3,480 support levels against the US Dollar.
There is a strong resistance formed near $3,500 and a bearish trend line on the hourly chart of the BTC/USD pair (data feed from Kraken).
The price tested the $3,400 support and it remains at a risk of more losses towards $3,200 or $3,000.Bitcoin price moved into a bearish zone below $3,500 against the US Dollar. BTC might extend the current decline towards the next key support at $3,200 or even $3,00