Bitcoin hit the lower end of the $64,602 to $72,000 range on June 18th. The fact that the bulls have not been able to make a strong comeback from this point suggests that the bears are still exerting selling pressure. The 20-day exponential moving average (EMA) of $67,249 and the relative strength index (RSI) below 40 indicate that the bears are currently in control. If the $64,602 level is breached, there is a possibility that the BTC/USDT pair could fall to $60,000. For the most up-to-date technology news, visit NEWSLINKER.
