Bitcoin Crash: SpaceX Sold $375 Million Holdings

Bitcoin Crash: SpaceX Sold $375 Million Holdings

1
Bitcoin’s crypto price decreased by 10.15% over the past seven days.
2
At press time, BTC price was $26436 with a drop of 0.77% in the last 24 hours; market cap was $514.466 Billion.
3
Bitcoin is under bearish pressure amid news of SpaceX sale of BTC.
Bitcoin fell off after Wall Street Journal reported that SpaceX sold off its Bitcoin holding worth $373 Million.
The Bitcoin Crypto price prediction suggests the coin flipped downturn. The crypto is struggling to move above 50, 100, and 200-day daily moving averages.
The BTC price prediction shows that the coin holders’ sentiments are on the downside. Bitcoin needs an increase in positive momentum in order to bounce back from the current level. However, sellers may approach 50-SMA which is acting as a resistance to the crypto price.
Investor sentiments regarding Bitcoin are bearish. Investors may prefer to keep a keen watch over the crypto. Presently, the BTCUSD price is below all the

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