Bitcoin Price Key Highlights

Bitcoin price recently made a move below a long-term floor but this might just be a fakeout.
Remarks from a senior SEC official eased regulatory concerns in the industry somewhat.
Oscillators on the long-term chart are also hinting at a bounce as well.

Bitcoin is still hovering around support at $6,600 to signal that buyers are defending that level after regulatory fears eased.
Technical Indicators Signals
The 100 SMA is still below the longer-term 200 SMA, though, so the path of least resistance is to the downside. This suggests that the selloff

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