This past week, bitcoin started a fresh decline below the USD 9,500 and USD 9,200 support levels. BTC even broke the USD 9,000 handle before it found support near USD 8,800. The price is currently (08:30 UTC) recovering, but the bulls are likely to face hurdles near USD 9,200 and USD 9,300.
Similarly, most major altcoins are trading in a bearish zone, including ethereum, XRP, litecoin, bitcoin
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