I think that the FED will keep taking consistent steps against cryptocurrencies until regulatory systems are set up. Also, I think they may be putting off regulations on purpose so they can justify their actions in the crypto area. But this is just an unsupported view. When it comes to Bitcoin, it's important to remember that we haven't yet come out of the bear market. This means that a drop to the 200-weekly moving average, which is around $25k, is a very real possibility.