BTC/USD lost a significant area of support on the 1-hour chart. Bitcoin dropped from $11,738 to $11,458 in minutes but managed to recover. Bitcoin is currently trading at $11,623 after an attempt by the bears to take Bitcoin down to $11,000. The move happened in less than one hour after Bitcoin dropped below $11,650 and $11,578, important support levels on the hourly chart. Bitcoin had 3 major support levels on the 1-hour chart, the first at $11,650, the second at $11,578, and the third at $11,545. The sudden drop broke all three levels but got no continuation and bulls managed to bounce back up from $11,477 to ... (full story)