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@solmenrill
Bitcoin (BTC) Price Analysis 📈 #Bitcoin (BTC) remained below the 50-day EMA but moved above the 200-day EMA. While EMAs confirmed short-term bearish signals, they spread at long-term intervals. #BTC breaking out of the $64.00 resistance level could allow the bulls to reach the 50-day EMA. Additionally, a break above the 50-day EMA could signal a move towards the $69,000 resistance. Besides, a break at the $60,365 support level could signal a decline to the 200-day EMA. With a 14-day RSI of 35.02, $BTC could be retraced until $60,365 support is reached before breaking out from oversold
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