Bitcoin Price Watch: BTC/USD Could Extend Correction Below $4,100

Key PointsBitcoin price struggled to break the $4,400-4,440 resistance and declined against the US Dollar.
There was a break below yesterday’s bullish trend line with support at $4,220 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The price is currently at a risk of more losses below the $4,100 and $4,080 support levels.Bitcoin price formed a short term top near the $4,440 level and declined against the US Dollar. BTC/USD is likely to correct lower towards the $4,000 sup