#CryptoMarketPullback#
Bitcoin Price Predictions: Bitcoin Price Drops After Rejection of the 50-Day Exponential Moving Average:
- The price of Bitcoin is trading in the red on Thursday after failing to break through the 50-day exponential moving average at $113,756 the day before.
- Bitcoin exchange-traded funds listed in the United States recorded modest inflows, but the historical "September Effect" still weighs on sentiment.
- The Senate Finance Committee is scheduled to hold a hearing on October 1st to discuss taxation on digital assets.
The price of Bitcoin (BTC) fell below $111,900 at th
Bitcoin Price Predictions: Bitcoin Price Drops After Rejection of the 50-Day Exponential Moving Average:
- The price of Bitcoin is trading in the red on Thursday after failing to break through the 50-day exponential moving average at $113,756 the day before.
- Bitcoin exchange-traded funds listed in the United States recorded modest inflows, but the historical "September Effect" still weighs on sentiment.
- The Senate Finance Committee is scheduled to hold a hearing on October 1st to discuss taxation on digital assets.
The price of Bitcoin (BTC) fell below $111,900 at th
BTC-2.42%