Bitcoin (BTC) is now further below a key moving average than it was at the pit of the March 2020 COVID-19 crash.
In a tweet on Jan. 4, popular trader and analyst Rekt Capital revealed just how remarkable the current Bitcoin bear market really is.
BTC price 200-week moving average out of reach
Not only has Bitcoin now spent more time below its 200-week moving average (WMA) than ever before, it is now further beneath it than at any time in history.
Looking at the weekly BTC/USD chart, Rekt Capital…
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