Yesterday, bitcoin price started an upside correction above USD 11,650 and USD 11,700. However, BTC struggled to clear key uptrend hurdles near USD 11,850 and USD 12,000. As a result, there was a fresh decline and the price is currently (08:30 UTC) testing the USD 11,550 support zone.
Similarly, most major altcoins are retreating from highs and showing bearish signs, including ethereum, XRP,