A bounce off $11,500 saves investors from serious pain but $12,000 remains a problematic level to flip to support.
Source: https://cointelegraph.com/news/bitcoin-price-suddenly-drops-by-500-in-seconds-to-fill-futures-gap
Bitcoin Price Suddenly Drops by $500 in Seconds to Fill Futures ‘Gap’
August 10, 2020
CoinTelegraph