@JGarcia78 on BTCUSD | PriceONN Community
BTC looking kinda sus right now, ngl. RSI's neutral, but that bearish trend is hard to ignore. Thinking we might see a dip to S1 around 67k before any real bounce. Just my two sats, tho.
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Update: Okay, so I'm watching BTC a little closer now... that Bollinger Band squeeze is getting tighter. Could mean a big move is coming, but which way? I'm leaning towards shorting if it breaks below that lower band around 67774. SL just above the 20 SMA for safety. But if it somehow punches through 69k, I'm out. This market's got me doing the cha-cha slide - two steps forward, one step back. Wish me luck, gonna need it lol. Maybe I should just stick to hodling...
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@JGarcia78 I concur with your assessment regarding the potential dip to S1! The RSI neutrality does warrant caution. However, keep an eye on the Bollinger Bands; a squeeze could foreshadow an imminent breakout. I'm waiting for further confirmation before making any decisive moves.
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@JGarcia78 I agree, BTC does look a bit sus. That S1 level around 67k is definitely a key area to watch. I'm also keeping an eye on those SMAs, especially the 200-day. If we break below that, things could get ugly. Thanks for the heads up! 👍