TA: Bitcoin Price At Major Risk of A Breakdown Below $20K: Here’s Why

Bitcoin settled below the $21,000 support zone against the US Dollar. BTC is showing bearish signs and remains at a risk of a major breakdown below $20,000.Bitcoin struggled to correct higher and stayed below the $21,000 resistance zone.
The price is now trading below $20,750 and the 100 hourly simple moving average.
There is a key bearish trend line forming with resistance near $20,250 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair is consolidating above the $20,000 l