$BTC Update:

$BTC PRICE ANALYSIS

#Bitcoin dipped below the support line of the symmetrical triangle pattern on May 31, but the bears could not sustain the lower levels. This suggests that the bulls continue to buy on dips.

The bulls will have to push and maintain the price above the triangle to gain the upper hand. If they do that, the #BTC☀ could rise to the overhead resistance of $73,777. The bulls may find it difficult to overcome this barrier. But if they do, the pair could surge to $80,000.

Contrarily, if the #BULLS fail to achieve a strong rebound off the current level, it will increase the likelihood of a break below the triangle. The pair might then touch to the 200-EMA ($66,518) and then to $64k-65k resistance.

On the Other hand,

Bitcoin price action could remain sideways for longer, but $BNB AR #XMR/USDT and $TIA may see some short-term gains.

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