Bitcoin has traded below the 200-day moving average for over a week The moving average is now a resistance zone for Bitcoin around the $40k price level Bitcoin is also trading below the 6-month moving average BTC’s bullishness is hinged on reclaiming these two MAs otherwise a bear market will ensue Bitcoin might have entered a bear market based on the fact that the King of Crypto has failed to reclaim the 200-day moving average as support. At the time […]