Returning to the 200w MA
Subsiding sales pressure from ETFs and subsiding ability to buy BTC from DATs through "digital credit" has formed an idle equilibrium near the 200 week moving average.
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Back at the 200w MABitcoin fell 6% on the week, retracing to its 200-week moving average as trading stayed passive in both directions. The level has held as support for two weeks but keeps getting tested while spot volumes weaken toward multi-yer lows. ETF flows have improved from deeply negative to mildly negative, hinting that ETF selling may be nearing exhaustion, while collapsing STRC p
