This week, bitcoin price declined steadily below the USD 11,500 support. Recently, there was a sharp increase in selling, resulting in a bearish break below the USD 11,200 and USD 11,000 supports. BTC/USD even broke the key USD 10,750 support and moved into a downtrend. On the other hand, most major altcoins, including ethereum, ripple, bitcoin cash, litecoin and EOS remained stable in the past