Bitcoin has been trading in a short range near its 20-day exponential moving average ($16,929) for the past few days, indicating a balance of power between bulls and bears. This period of relative calm is unlikely to last, and the BTC/USDT pair may soon see a significant price move in either direction. If the price breaks over the moving averages, it could rally to $18,388 and potentially even $20,000. On the other hand, if the price breaks below $16,256, it could signal that bears are in control, and the price could fall to the key support level at $15,476. In the short term, the price is likely to remain range-bound, with potential resistance at $17,061 and support at $16,256.