Breaking NewsBitcoin backer Jack Dorsey pledges $3M more towards UBI initiatives        Bullish Bitcoin: Mass Withdrawal Happens Across Exchanges        This street mural is pulling in $100 in Bitcoin per day in donations        Bulls Return Emphatically to Ripple Breaking Above $0.20        Ethereum Price Analysis: ETH Rallies above $240, but Larger Uptrend Intact        Tether has blacklisted 39 Ethereum addresses that hold millions of dollars worth of USDT        XRP Aims For Higher Highs, Faces Strong Resistance Ahead        Bitfinex Must Face NY Suit Over $800 Million in Lost Funds        Tron Arbitration Challenged in Hostile Work Environment Lawsuit        Dogecoin Margin Trading and Saving Accounts Now on OKEx        Lithuania Rolls Out World’s First Collectible Crypto        Data breakdown: the crypto firms that accepted PPP loans        A Record Number of Bitcoin Were Recently Withdrawn From Exchanges        Court denies Bitfinex’s request to scrap $850M fraud investigation        Blockchain Services Global Market Report 2020-30: Covid 19 Growth and Change        Kaspersky Give Two Thumbs Up to Tokeny’s ‘T-REX’ Security        This cryptocurrency billionaire wants to be president        New EEA Exec to Extend Membership to All Projects Utilizing the Ethereum Blockchain; Including …        Bitfinex Must Face New York Allegations Over $850M in Lost Funds, Appeals Court Rules        Venezuela Seizes 315 Bitcoin Mining Rigs: Miners Discuss Illegal Confiscation, Police Extortion        Venezuela Seizes 315 Bitcoin Mining Rigs: Miners Focus on Unlawful Confiscation, Police Extortion        Bitcoin Daily: Chinese Police Seize $15M, Luxury Cars In Crypto Scam Probe; CENTRE Blacklists …        Chinese Police Dismantle $14M Crypto Scam        South Korean National Assembly to Discuss Crypto Transaction Transparency        Bitcoin Investment and 7 Local Best Crypto Exchanges in India        Surrey officer-impersonation scam continues ‘almost daily’        RCMP investigating two Bitcoin scams in Alberta        Market Wrap: Stocks Tick Downward and so Does Bitcoin, to $9200        Comedian Jim Jefferies publicly admitted that he bought 1 BTC        Mining Stock News: Steppe Gold (TSX: STGO) Announces $15 Million Strategic Investment by Eric …        Cryptocurrency exchange Coinbase readies stock market listing: Sources        Traditional Payment Giants Adopt Blockchain; Does This Mean the Merging of Two Worlds?        EXCLUSIVE-Crypto exchange Coinbase readies landmark stock market listing – sources        



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These Three Factors Show Why Bitcoin is Poised to Plummet Towards $8000

These Three Factors Show Why Bitcoin is Poised to Plummet Towards $8,000

Bitcoin extended its overnight bout of consolidation, struggling to gain momentum in either direction despite posting a rejection at $9,800 yesterday The benchmark cryptocurrency now appears to be well-positioned to see further weakness as it struggles to surmount its near-term resistance Analysts are pointing to a few key factors that show why this selloff could be far-reaching Bitcoin has shown some signs of weakness throughout the past several days due to its inability to break decisively into the five-figure price region.







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