Bitcoin bulls will be watching current price action with plenty of concern. Following a brief period of stabilisation yesterday and some shallow upside, BTC has come back under heavy selling pressure today, breaking down to fresh lows on the month. With BTC futures now down more than 12% from the record highs printed last week, expectations for ‘UPtober’ are under threat. Fresh trade barbs between the US and China have rocked risk sentiment this week with crypto assets suffering heavy losses across the board. Given the heavy liquidation of longs we saw on Friday’s decline, price looked to be stabilising yesterday, ... (full story)