Bitcoin may sink to just above $8,000 in the short term in order to keep in line with its historical behavior, new crypto analysis suggests. BTC To Descend Below $9k? Currently circulating on social media are charts of CME Group’s Bitcoin futures performance which traditionally impacts on the Bitcoin price. On these charts it shows a probability of BTC/USD soon hitting $8,400. The theory emerges on the back of fresh volatility in Bitcoin markets, withRead MoreThe post Bitcoin Price ‘Will Fill’ $8.4K Futures Gap, Says Crypto Analyst appeared first on Bitcoinist.com.