Recently, bitcoin price made another attempt to clear the USD 8,850 resistance area. However, BTC/USD failed to continue higher and started a short term downside correction. On the downside, the USD 8,550 support area might play a major role in the coming sessions.
On other hand, there were corrective moves in most major altcoins, including ethereum, XRP, bitcoin cash, litecoin, EOS, BNB, ADA,