TA: Bitcoin Price Stuck Below Resistance, Why Bears Could Aim More Losses

Bitcoin started an upside correction above $19,000 against the US Dollar. BTC is now facing a strong resistance near the $19,350 and $19,500 levels.Bitcoin is attempting an upside correction above the $19,000 level.
The price is still trading below $19,500 and the 100 hourly simple moving average.
There is a major bearish trend line forming with resistance near $19,420 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair must clear the trend line and the 100 hourly SMA to co