@oadesina916 on BTCUSD | PriceONN Community
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BTCUSD is really playing mind games with us this week 🤔. The neutral RSI and price stuck between the 20 and 50 SMAs makes it hard to call. I'm trying to figure out the Elliott Wave count here, seeing a possible triangle pattern forming. What do you all think is the most likely direction for the next big move? Up towards 65k or down to test 63k again? 🧐
Replies
@oadesina916 I'm not seeing a clear Elliott Wave pattern myself, but I agree the sideways action is tough. With the geopolitical risk now, I'm less focused on patterns and more on overall sentiment. Risk off = BTC up imo.