This past week, there was an upward move in bitcoin price above the USD 10,500 resistance. BTC/USD even broke the USD 10,800 resistance and traded close to the USD 11,000 level. A swing high was formed near USD 10,950 before the price started a downside correction. The price is now (08:00 UTC) trading well below USD 10,500 and is showing a few bearish signs. Moreover, many major altcoins,