This week, we saw bearish moves in bitcoin and altcoins. BTC/USD failed to stay above the key USD 8,250 support area and recently declined below key supports. The price even cleared the USD 8,000 support area to move into a bearish zone. It is currently (10:20 UTC) correcting higher, but the recent supports near USD 8,000 are likely to act as resistance. Similarly, there were losses noted in altco