Bitcoin BTC price dropped below the eight thousand dollars ($8,000) trading line despite existing stable for the past ten days. Bitcoin price is likely headed towards the psychological barrier of seventy-eight hundred dollars ($7800) as predicted by Cryptopolitan.com earlier. People consider the market to be bearish if they meet Bitcoin trading below the moving average which is currently eight thousand eight hundred dollars ($8,800). For a while, Bitcoin has been trying to move above the moving average but was rendered incapable. Thus, BTC now trades about eleven percent (11%) below the moving average. Even though the situation seems very unpredictable,
