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Bitcoin [BTC] Futures Traders Attempt to Defend $7000 after Weekly Close Below MA

Bitcoin [BTC] weekly close was at $7115; 5.4% lower from opening above $7500. The weekly close 100 and 50-period moving average does seem to be a concern for the bulls. TraderSZ, a crypto popular crypto charting tweeted, If we get bearish weekly close ideally below 7300, expecting a big downside expansion next week towards 6k. Invalidation

Bitcoin [BTC] weekly close was at $7115; 5.4% lower from opening above $7500. The weekly close 100 and 50-period moving average does seem to be a concern for the bulls. TraderSZ, a crypto popular crypto charting tweeted, If we get bearish weekly close ideally below 7300, expecting a big downside expansion next week towards 6k. Invalidation