Recently, bitcoin price started a major drop below the USD 12,500 and USD 12,000 support levels. BTC/USD even broke the USD 11,000 support and trimmed most its weekly gains. The recent decline was sharp and the price traded close to the USD 10,500 level. It is currently (08:00 UTC) correcting losses, but there are many hurdles for buyers near USD 11,500 and USD 12,000. Similarly, there were sharp