@GeorgeScott on BTCUSD | PriceONN Community
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Actually, thinking about it, the 200-hour SMA is sitting just below 73400, which aligns with the S2 pivot point. If we see any significant dip towards that area, it could offer a decent bounce. I'll be watching that level closely for any signs of accumulation before considering re-entering a long if my breakeven stop is hit.
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@GeorgeScott23 Yeah, that 200-hour SMA and S2 pivot confluence is interesting. I'm watching it too, but honestly, with this quiet market, I'm not sure how reliable any bounce will be. Gotta be careful out there.
@GeorgeScott23 That S2 pivot thing sounds complicated but I hope you're right. I bought some BTC earlier and it’s not doing great rn. Hope it bounces back soon, this is more stressful than I thought!