BTC/USD TA Update (Trend-line Support Broken?)

BTC/USD

Bitcoin broke the trend-line of support and currently fighting to get above 7400. If BTC will fail to hold this important level, expect the price to further drop to the previous Higher Low.
Increasing bear volume is not looking good for Bitcoin as prices slowly dropping. 50 MA and 100 MA are acting as resistance now and adding more pressure to the downside.