Bitcoin - 200MA is Telling Us Something

Quick idea - chart looks very similar to the 6k -> 3k drop from 2018. We had a large draw down, extended consolidation and then a move to 13k over as soon as the price turned around (ie. re-took 200MA). Not saying it happens again here, but it's pretty clear we're going to continue moving downward for consolidation in the 8000s range.

Green boxes have been reliable buy zones so far, but at this point I'm saving more fire for the bottom buy zone than the top.