Bitcoin has dived out its recent trading range, opening the doors for a pullback to deeper support levels. The top cryptocurrency ran into offers around $8,580 at 08:35 UTC and fell through the long-held support of $8,460 in a few minutes to hit a low of $8,340 – a level last seen on Jan. 14, according to CoinDesk’s Bitcoin Price Index. The drop to nine-day lows confirmed a downside break of the recent trading range of $8,460 to $8,750. The cryptocurrency had entered consolidation mode during Sunday’s U.S. trading hours after the sudden reversal lower from highs near $9,200 range out of steam at $8,460 – the level, ... (full story)