Credit: Original article published by Crypto News.

Earlier today, we saw a sharp bearish reaction from the USD 11,550 resistance. BTC declined over 2% and it even spiked below USD 11,350. However, the price remained well bid above USD 11,250, and it is currently (13:00 UTC) attempting an upside correction towards USD 11,420 and USD 11,450.
Also, there were bearish moves in most major altcoins, including ethereum, XRP, litecoin, EOS, XLM, LINK,

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