Bitcoin’s (BTC) price action has been sideways over the past 36 hours, as BTC has been unable to break away from a range of $63,600 and $62,843. As illustrated in the chart, BTC is currently under the 50-day EMA level but remains above the 200-day EMA on the 4-hour chart. Bollinger Bands (BB) indicate that the current price might be a little oversold, as it remains under the indicator’s simple moving average (middle band line). However, the BB lines are currently in divergence, which indicates that the price action should experience short-term volatility. Related: BTC short-term holders ‘likel…