Monday, December 9, 2019

Bitcoin Bears Back on Launch of Bakkt as Markets Molt Again

Around $6 billion has been poured into the crypto markets during the last hours as the bears have returned again. Coincidentally, this has happened again, shortly after Bakkat launched more institutional investment products for Bitcoin.

Bitcoin Barrels Towards $7k

The BTC charts looked positive during the last operations yesterday, but the Asian session changed all that. According to Tradingview.com, a brief increase above $7,600 followed by a sharp drop to $7,270. Bitcoin is currently trading in the $7,350 range, but analysts are developing rapidly.

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