Is Bitcoin Gonna See Another Big Drop Soon? Historical Trend May Say Yes

Historical trend of the 200-day and 600-day MAs may suggest Bitcoin could observe another big drop in the near future.
Current Bitcoin Pattern Has Historically Lead To A Big Drop In The Price
As pointed out by an analyst in a CryptoQuant post, the current Bitcoin price looks to be squeezed between the 200-day and 600-day MA curves.
A “moving average” (or MA in short) is an analytical tool that averages the price of Bitcoin over any desired range. As its name suggests, this average co