Bitcoin is in bear territory for the third straight day and investors are still looking to

Bitcoin (BTC) trading around $10,606 as of 20:00 UTC (4 p.m. ET). Slipping 0.90% over the previous 24 hours.

Bitcoin’s 24-hour range: $9,894-$10,081

BTC below its 10-day and 50-day moving averages, a bearish signal for market technicians.