Bitcoin Stats Fall as BTC Drops Under $10,000: Is a Drop Lower Coming?

On Wednesday, Bitcoin (BTC) continued to weaken, falling to a weekly low of $9,600 as buyers failed to step up to the plate. As of the time of writing this, the cryptocurrency trades at $9,750, still over 5% higher than the monthly low of $9,150.
Related Reading: Analysts Believe Bitcoin is on The Path to $7,600 As 2018 Bear Market Fractal Continues to Unfold
While some have taken this price action optimistically, claiming that it is only a matter of time before Bitcoin resumes its crusade to pr