TA: Bitcoin Trims Gains, Support Turned Resistance At $41K

Bitcoin extended gains above $42,500 against the US Dollar. BTC struggled near $43,000 and started a sharp downside correction.Bitcoin started another decline after it failed to clear the $43,000 resistance zone.
The price is now trading below $41,000 and the 100 hourly simple moving average.
There was a break below a major bullish trend line with support near $41,250 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could attempt a fresh increase, but the $41,000 resista