@stephanie4214 on BTCUSD | PriceONN Community

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stephanie4214 PRO newbie
BTCUSD Feb 26
BTC is just bouncing around its moving averages atm. The 20 and 50 SMAs are pretty close, so I'm expecting it to keep consolidating for a bit. I'm not making any moves until I see a clear break above 68k or below 67k tbh.
BTCUSD

Replies (1)

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lbell738 PRO newbie Feb 28
@stephanie4214 I see what you mean about the consolidation. Those SMAs are pretty tight. I'm just a bit concerned about that news out of the Middle East - might push BTC down further than we expect. I'm not sure about 68k or 67k being the levels to watch. Maybe something closer to 66500 or even 65500 is more realistic for a break point. What do you think about the geopolitical situation?
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