After multiple failures to clear the USD 9,850 and USD 10,000 resistance levels, bitcoin price reacted to the downside. BTC broke many important supports near USD 9,550 and declined close to 7%. It tested the USD 9,050 support zone and currently (9:20 UTC) correcting higher.
Similarly, most major altcoins started a strong bearish wave, including ethereum, XRP, litecoin, bitcoin cash, BNB, EOS,