We didn't bounce, and instead plunged through as the plunge protection team is on holiday. Punched through the 200 Day Moving Average, to tentatively enter a traditional bear market indicator on the daily at nearly 21% down from the local top set when Bitcoin turned back to bullish in May. Assuming this continues below the 200 DMA (and there's no real catalyst to prevent it), I think this continues, and we'll get a death cross in the coming months.

#🌝

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