$BTC Bitcoin Analysis
#Bitcoinconfirmed its bearish trend by staying below the 50 and 200-day EMAs.
A break above the 200-day EMA could signal a move towards the $60,365 resistance level. Also, a break from this level could lead to a run towards the 50-day EMA.
A break below $57,500, however, could lead to a run towards $55,000.
The 14-day RSI of 45.08 suggests that#BTCcould drop to $55,000 before entering the oversold region.
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