This past week, we saw a strong bearish reaction in bitcoin price from the USD 10,000 resistance. BTC/USD broke the USD 9,500 and USD 9,000 support levels to move into a bearish zone. The price is currently consolidating above USD 8,500 and remains at a risk of more downsides.
Similarly, most major altcoins are declining and facing an increase in selling pressure, including ethereum, XRP,