Bitcoin bulls are taking a strong stance, refusing to let sellers drag the price below the 20-day EMA at $62,500. 🔥 On October 14, the buyers turned the tables, sparking a strong bull run! Now, the BTC/USDT pair is facing stiff resistance around $66,500. 📊
If buyers continue their momentum and do not allow the price to drop below $65,000, we may see a breakout! 📈 A potential rally to $70,000 is on the horizon. However, expect a fierce defense from sellers between $70,000 and $73,777 as they try to curb this bullish wave. 🛑
But time is running out for the bears! ⏳ If they want to regain control, they need to drag Bitcoin price below the moving averages, threatening to test the critical support at $60,000. ⬇️
Will the bulls win and push the price sky high, or will the bears return? 🐂 vs 🐻
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