Bitcoin remains pinned below $8K as the 128 and 111-day moving average are on the verge of a bearish cross which could drop the price below $7,700. At the moment, not too much is happening with Bitcoin’s () price action. The price continues to drop and a series of lower highs occur even as bullish hits the press week after week. The of Bakkt Bitcoin futures trading volume increasing by 796% failed to positively impact Bitcoin price and Fidelity Investments’ announcement that it has launched crypto custodial services also did little for the market. Daily crypto market data. Source:…
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Bear Cross on Key Indicator Could Push Bitcoin Price to ,300


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