Bitcoin Price Watch: BTC/USD Remains In Downtrend Below $4,020

Key PointsBitcoin price failed to break the $4,080 resistance level and declined recently against the US Dollar.
Yesterday’s highlighted two key bearish trend lines are active with resistance near $4,000 and $4,090 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The price remains in a major downtrend and it could extend losses below $3,800 in the near term.Bitcoin price is still in a bearish zone below $4,020 against the US Dollar. BTC/USD could accelerate losses once ther