Why does  closing below the 50-week moving average matter?

Take a look at $BTC closes below it in previous cycles: 2011/2014/2018. The 200W MA is a strong support, also the lengthening cycle theory is evident.

Imo this bear mkt could go longer than many expect. 🚨 https://t.co/75fwysQc5R https://t.co/8whbaJvgtO