Bitcoin Price Pain Isn’t Over Yet As Selling Pressure Persists

Bitcoin price started a fresh decline below the $65,000 zone. BTC is showing bearish signs and might continue to move down if it dips below $62,000.Bitcoin failed to stay above $65,500 and extended losses.
The price is trading below $64,000 and the 100 hourly simple moving average.
There is a bearish trend line forming with resistance near $63,200 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair might extend losses if it stays below the $65,000 and $65,500 levels.Bitcoin