Bitcoin Plunges Under $8,000 In Expected Pullback, Bulls are Showing Exhaustion

At long last, Bitcoin (BTC) has slipped. In a move uncharacteristic of the past six weeks, the cryptocurrency has lost some 10% in the past 72 hours, falling from $8,700 to $7,900. This $800 move lower is the most prominent bears have been since last month’s $8,000 to $9,100 trading range.
Per previous reports from NewsBTC, this sudden collapse was to be expected. Bitcoin’s weekly candle closed as an Evening Star Doji (skinny body, long wicks), signifying the end of a trend. Moreover