$BTC price analysis........๐๐๐
Bitcoin surged above the 20-day EMA ($63,556) after a minor hesitation, but the bulls could not pierce the 50-day SMA ($65,937).
#BTC/USDT daily chart.
Both moving averages have flattened out, and the RSI is near the midpoint, indicating a range-bound action in the near term. The BTC/USDT pair is likely to remain between $56,500 and $73,777 for some more time.