Bitcoin hit the lower end of the $64,602 to $72,000 range on June 18. The failure of the bulls to spark a significant rebound from this point suggests that the bears are still exerting their selling pressure. With the 20-day exponential moving average (EMA) dropping to $67,249 and the relative strength index (RSI) below 40, it is clear that the bears are in control. Should the $64,602 level be breached, there is a possibility that the BTC/USDT pair may decline to $60,000. Stay updated on the latest technology news by visiting
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