Bitcoin price prediction

[madtrader]

BTC turned down from $72,271 on Sunday, indicating that the higher levels continue to attract selling by the bears.

BTC/USDT daily chart. Source: Cointelegraph/TradingView
If the Bitcoin price stays below $67,300, the BTC/USDT pair may slide to $62,345 and subsequently to $60,000. Buyers are expected to defend the $60,000 level with all their might, as a close below it may sink the pair to $52,500.

Buyers are likely to have other plans. They will attempt to swiftly push the price above the $72,271 resistance. If they do that, the pair may rally to the 20-day exponential moving average (EMA) ($76,275). Buyers will have to pierce the 20-day EMA to start a sustained recovery toward the 50-day simple moving average (SMA) ($85,832). Such a move suggests that the pair may have bottomed out in the near term.

[etfs]

if btc can’t break $72k i’m lowkey expecting $60k to get tested soon