Bitcoin’s price fell below the crucial 50-day moving average (EMA50), triggering concern for further declines. Franklin Templeton CEO Jenny Johnson emphasizes blockchain technology’s potential for broader financial disruption, arguing that Bitcoin distracts from its true impact. Meanwhile, analysts anticipate significant institutional investment following a favorable regulatory bill expected to pass soon. The U.S. House is poised to vote on the crypto market structure bill, with experts predicting trillions in capital could flow into the market once regulations are finalized. Bitcoin’s price has fallen after breaching the crucial support level of the EMA50. This move coincides with a growing divergence between asset-focused and technology-driven approaches in the digital assets space. Analyst Quinten notes Bitcoin has broken through an eight-year resistance line, which is now acting as strong support for the cryptocurrency. Bitcoin’s price slipped below $116,350 earlier today before ending the day at around $113,448.92, down 2.32% in the past 24 hours. The decline followed a notable drop after breaking the EMA50 support level. While Bitcoin’s future remains uncertain, these latest developments indicate a complex interplay of factors shaping the crypto market.