TA: Bitcoin Price Turns Red, Why BTC Could Extend Losses

Bitcoin started a fresh decline below the $22,000 support against the US Dollar. BTC is declining and might extend losses below the $20,500 support zone.Bitcoin started a fresh decline and traded below the $22,000 level.
The price is now trading below the $22,000 level and the 100 hourly simple moving average.
There is a major bearish trend line forming with resistance near $21,950 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair might decline further if there is a clear