๐ Bitcoin (BTC) Price Analysis (July 29)
Bitcoin rebounded off the 20-day EMA ($64,283) on July 25, signaling positive sentiment. Bulls aim to clear $68,500 and reach the overhead resistance at $72,000. Sellers are expected to defend the $72,000 to $73,777 zone. A sharp turn down from this zone with support at the 20-day EMA indicates bulls are in control, increasing chances of breaking above $73,777. A break below the 20-day EMA could sink BTC/USDT toward $60,000.
