The price dropped below the $10'500 level. Yesterday, Bitcoin was the second worst-performing asset in the top 10 (by market capitalization).
Current support/resistance: $10'000/$10'700
While Bitcoin was on the downtrend, its main forks, Bitcoin Cash and Bitcoin SV were in the green. For more detailed on forks, be sure to read the recent post "What is a Fork?" in the News section. In the last days, some cryptocurrencies have started to follow their own trend and not be driven by Bitcoin all the time. It may be the sign for the start of a new type of market. The next key support is at $10'000 and will be the crucial point to stop the current bearish momentum.
The fall has turned most of the indicators to red. The 20 days moving average has been crossed, as well as the MACD lines which have intersected giving a sell signal.
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