Bitcoin Retests Moving Average That Marked All Major Market Bottoms

Bitcoin price is falling, crypto is crumbling, and the United States SEC appears to be out for blood. But before a bloodbath occurs across the digital asset market, the top cryptocurrency by market cap is making a stand at a key level.
In fact, BTCUSD is retesting an important moving average that in the past marked ever single major bear market bottom. Take a look below.
SEC Onslaught Brings Bitcoin Down Against The 200-Week Moving Average
The cryptocurrency market is on the ropes, quite literal