Bitcoin's 200-Day Moving Average Just Rejected BTC at $82,400 — and the Data Behind It Is Ugly

Bitcoin rallied 37% off its April lows to $82,400 on May 20, then stalled — hard — at the 200-day moving average and pulled back to $76,000. The rejection echoed a near-identical setup from March 2022, when a 43% relief rally tested the same line before the downtrend resumed. The parallel is…