Recently, bitcoin price retested the key USD 6,550 resistance area. BTC/USD failed to settle above USD 6,550 and started a downside correction. The price is now (08:30 UTC) trading below the USD 6,400 level and it could correct further towards the USD 6,200 support area.
Similarly, many major altcoins are currently correcting gains, including ethereum, XRP, litecoin, bitcoin cash, BNB, EOS, TRX,