$BTC Bitcoin price analysis ..........🚀🚀🚀
The bears are trying to stall Bitcoin’s recovery at the 20-day EMA ($65,858), but the bulls are in no mood to surrender.
#BTC/USDT daily chart.
The flattening 20-day EMA and the RSI near the midpoint suggest that the selling pressure is reducing. If buyers shove the price above the 50-day simple moving average ($67,511), the BTC/USDT pair could attempt a rally to $73,777.
If bears want to seize control, they will have to quickly yank the price below the $60,775 support. If they manage to do that, the pair may start a deeper correction to the 61.8% Fibonacci retracement level of $54,298.
