Recently, bitcoin price faced a strong resistance near the USD 13,100 and USD 13,150 levels. BTC/USD made a few attempts to continue higher, but it failed. As a result, there was a sharp decline below the USD 12,600 and USD 12,000 support levels. It tumbled more than 10% and traded close to the USD 11,200 support. Similarly, there were heavy losses in altcoins such as ethereum, ripple, bitcoin