Bitcoin price started a major downside correction below the USD 18,000 level. BTC fell more than 10% and went down to USD 16000. Finally, the bulls were able to protect the USD 16,500 support level, and the price is currently recovering above USD 17,000.There was also a sharp drop in most of the major altcoins, including Ethereum, XRP, litecoin, EOS, XLM, LINK, BNB, TRX, Bitcoin cash, and ADA.ETH \/ USD broke many key supports near USD 580 and USD 550, and it even spiked below USD 500. XRP \/ USD declined nearly 30% before finding support near the USD 0.475 level.Bitcoin PriceAfter a close below the USD 18,000 level, Bitcoin price accelerated its decline. BTC traded below the USD 17,500 and USD 17,000 support levels. Finally, it found supports near USD 16,500 and USD 16,350. The price is recovering and trading above USD 17,000. On the upside, the first major resistance is at USD 17,650, above which the price could test USD 18,000.Initial support on the downside is near the USD 17,000 level. A close below the USD 17,000 level could potentially push the price back towards the USD 16,500 level.Ethereum PriceEthereum price declined more than USD 100 and it broke the USD 500 support level. ETH found support near the USD 485 zone and rebounded above USD 500. However, the price is struggling to recover above the USD 525 and USD 530 levels.If it continues to struggle near USD 530, there could be another bearish reaction. An initial support is near the USD 500 level, below which the price could revisit the USD 485 support level.Bitcoin cash, Litecoin, and XRP priceBitcoin cash price is down 18% and it is now trading below the USD 300 and USD 288 levels. BCH could continue to decline towards the USD 270 support\u2026<\/p>","protected":false},"excerpt":{"rendered":"
\u6bd4\u7279\u5e01\u4ef7\u683c\u5728 18,000 \u7f8e\u5143\u4ee5\u4e0b\u5f00\u59cb\u5927\u5e45\u4e0b\u884c\u4fee\u6b63\u3002 BTC \u8dcc\u8d85 10% \u8dcc\u81f3 16000 \u7f8e\u5143\u3002\u7ec8\u4e8e\uff0c\u591a\u5934 [\u2026]<\/span><\/p>","protected":false},"author":0,"featured_media":2796,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/posts\/2848"}],"collection":[{"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/comments?post=2848"}],"version-history":[{"count":0,"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/posts\/2848\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/media?parent=2848"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/categories?post=2848"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/tags?post=2848"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}