Bitcoin Price Weekly Analysis: BTC/USD Nosedives Below $3,800

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Bitcoin price fell significantly and traded below $4,000 and $3,800 against the US Dollar. There is a major bearish trend line formed with resistance at $4,200 on the 4-hours chart of the BTC/USD pair. The pair is under pressure below $3,800 and it could even break the $3,500 support level