Analyst Predicts Bitcoin Price Drop to $2,800 This Year

Analyst Predicts Bitcoin Price Drop to $2,800 This Year Habiba Tahir Bitcoin's pending "death cross" has left investors worried and confused. According to a graph posted by Bloomberg, the 50-day moving average is getting close to the 200-day moving average. If it touches the latter, or worse, goes below it, bitcoin will suffer a great loss. Considering these trends and comparing these activities to BTC's price The post Analyst Predicts Bitcoin Price Drop to $2,800 This Year appeared first on CCN cryptocoinsnews