Bitcoin Positioned For More Pain Following Weekly Close Below This Critical Level

After closing the week below a crucial support level, Bitcoin (BTC) has fallen below the $65,000 support for the first time since the early February crash, reaching a two-week low of $64,152.
Amid this performance, some analysts have warned that the flagship crypto could be on the “cusp of bearish acceleration,” warning that another major crash could be around the corner.Bitcoin Loses The 200-Week EMA
On Monday, analyst Rekt Capital highlighted that Bitcoin produced a “historic