TA: Bitcoin Price Slides Below Key Support Amid Russia-Ukraine War Escalation

Bitcoin price is slowly moving lower below the $19,200 support against the US Dollar. BTC could slide further if there is further escalation in Russia-Ukraine war situation.

• Bitcoin is slowly moving lower below the $19,200 and $19,000 levels.
• The price is trading below above $19,500 and the 100 hourly simple moving average.
• There is a connecting bearish trend line forming with resistance near $19,260 on the hourly chart of the BTC/USD pair (data feed from Kraken).
• The pair could continue to move down if there is a clear move below the $18,920 support.

Bitcoin Price Slides

Bitcoin price remained in a bearish zone below the $20,000 support zone. BTC slowly moved and sett