Cryptocurrencies Price Prediction: Bitcoin, Cryptos & Spain – American Wrap 5 February

Bitcoin price could drop 5% as BlackRock and Fidelity soak up Grayscale outflows Bitcoin (BTC) price continues to move horizontally, subdued by the 50-day Simple Moving Average (SMA) with developments in the area of Grayscale Bitcoin Trust (GBTC) flows having a bearing on the market.