Major Bitcoin Move Coming? Bakkt Launch Coincides With Gann Pivots

This week, the Intercontinental Exchange-owned Bakkt announced the date it would finally launch its much-anticipated and long-awaited Bitcoin Futures trading product, and Bitcoin price responded by spiking over $400 over the course of the next few hours, nearly reaching $11,000 before experiencing a pullback.

The date Bakkt launches is already an important date for Bitcoin, considering how bullish the platform is acting as a preferred gateway for institutional investors to gain exposure to Bitcoin. However, that date is also showing important significance as a Gann pivot point – a date in which powerful price movements or trend changes are expected according to Gann theory.

Bakkt Launch Timing Lines Up With Bitcoin Gann Pivot Points

There’s no denying that Bakkt will have a major impact on the Bitcoin market and Bitcoin price as crypto investors rejoice that what the community has speculated for months will be the catalyst that ignites the next bull run is finally ready for…