Bitcoin Price Under Pressure Due To ‘Death Cross’ Concerns

Bitcoin Price

Bitcoin price plummeted sharply today after trading in the narrow range of $8,000 level on Wednesday. The latest selloff isn’t due to ads bans, regulators clampdown or warnings; the downtrend was purely supported by traders concerns over the technical factors on price charts – market participants are predicting a massive crash in BTC price in the days to come, driven by a Death Cross trend. Bitcoin price declined more than 7% today, down 15% in the last seven days.

TV analyst Abigail Doolittle said, ‘the “death cross” trading data for bitcoin, suggests that we could see …

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