On June 18, Bitcoin hit the lower end of the $64,602 to $72,000 range. The fact that the bulls have not been able to mount a significant recovery from this point suggests that the bears are still exerting selling pressure. With the 20-day exponential moving average (EMA) declining to $67,249 and the relative strength index (RSI) below 40, it is clear that the bears are 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 latest technology news, visit NEWSLINKER.
