Analysis: BTC to remain in $60K-$75K range as sellers dominate

Bitcoin is currently trading within a wide range, with key support at $60,000 and resistance at $75,000, according to an analysis by CryptoPotato. On the daily chart, BTC is trading below its 100-day ($77,000) and 200-day ($90,000) moving averages, suggesting the medium- to long-term trend remains bearish. With a large downward channel still in place, the overall market flow is dominated by sellers, the outlet noted.