Bitcoin Weekly Forecast: BTC Price Turned Sell On Rallies

After settling below $9,000, bitcoin declined steadily against the US Dollar.
The price is under a lot of pressure below the $8,700 and $8,650 resistance levels.
There is a crucial bearish trend line forming with resistance near $8,630 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
The price could correct higher, but it is likely to face sellers near the $8,700 resistance area.Bitcoin price is trading in a bearish zone towards $8,200 against the US Dollar. BTC remains sell on