There is growing risk of additional breakdowns in price because of negative momentum readings based on weekly and monthly price data. If a volatile down move occurs, initial support is seen at $25,000, which is around the May 9 price low. There is additional support at the 200-week moving average, currently at $22,061, which could stabilize price action.
Warren Rival for Senate Race John Deaton Argues for Coinbase in U.S. SEC Challenge
"The Howey test is a transaction-by-transaction analysis," Deaton argued. "There are thousands of digital assets and thousands, sometimes millions, of...