In the past seven days, the bitcoin price (BTC) plunged from $10,100 to $7,736 in a steep overnight pullback that liquidated close to $800 million worth of long contracts on cryptocurrency margin trading platforms. Holger Zschaepitz, a market analyst at Welt, said the week became worse for bitcoin as the 200-day moving average of BTC […]The post Bitcoin Gloom to Worsen after Key Indicator Flags Red, Warns Analyst appeared first on CCN.com
