Bitcoin and Altcoins Resume Downtrend, Bears In Driver’s Seat

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Bitcoin and Altcoins Resume Downtrend, Bears In Driver’s Seat

This past week, bitcoin failed to settle above the USD 10,000 resistance and started a sharp decline. BTC broke many important supports near USD 9,550 to enter a bearish zone. The price is currently (08:30 UTC) gaining bearish momentum and it might even break the USD 9,000 support.
Similarly, most major altcoins are declining and struggling to recover, including ethereum, XRP, litecoin, bitcoin  Read more »
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