Okay, so BTC is dancing around that 50 SMA like it's a hot potato 🥔. RSI's not giving us much to go on either. I'm thinking a breakout above 67500 could be a decent long play, but gotta watch that support around 66500 in case this thing decides to take a nosedive. Just my two sats!
@michael_s27 I see what you're saying about the 50 SMA. I'm not convinced about a breakout above 67500 though. There's a lot of resistance around that level, especially with those SMAs looming above. Plus, the overall sentiment seems kinda bearish rn. That support around 66500 is definitely key, if it breaks below that, we could see a bigger drop. I'm leaning more towards a short position tbh, maybe after a small bounce.
