Bitcoin (BTC) Trend Overwhelmingly Negative, Continue Selling?

Bitcoin price is slowly declining and it recently broke the $7,200 support area against the US Dollar. The price is currently consolidating above $7,100 and likely to continue lower. Yesterday’s key declining channel is still active with resistance near $7,320 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could

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