Bitcoin Price Flashes Downside Break: Will Bears Take Over?

Bitcoin price failed to clear the $60,650 resistance. BTC is now correcting gains and might decline toward the $57,500 support zone. Bitcoin is correcting gains and trading well below the $60,000 level. The price is trading below $58,800 and the 100 hourly Simple moving average. There was a break below a key bullish trend line with support at $60,000 on the hourly chart of the BTC/USD pair... source: https://www.newsbtc.com/analysis/btc/bitcoin-price-downside-60k/