Bitcoin Dropping Under High $8,000s Now “Highly Unlikely”: Here’s Why

Despite the fact that Bakkt finalized a launch date for its much-ballyhooed Bitcoin futures, the cryptocurrency market has failed to rally.
Per the time of writing this, the leading crypto asset is currently trading for $10,150 a piece, down 2% in the past 24 hours. Altcoins have followed suit, posting near-identical losses as bulls have failed to take control of the cryptocurrency wheel.
Related Reading: Will Growing Interest from China Propel Bitcoin’s Price Higher?
As such, some analyst