@HanisahB54 on BTCUSD | PriceONN Community
Predicting a short-term pullback for BTCUSD towards the 67500-68000 range before any significant upward movement. The current bullish trend seems a bit exhausted, and the price is hovering near overbought conditions on some indicators. The Bollinger Bands are widening, suggesting increased volatility, but I believe a temporary correction is likely before it continues its upward trajectory. This might be a good chance for swing traders to accumulate positions at lower levels. Of course, always consider your risk tolerance and do your own research. 😉 Key levels to watch: 67922 (SMA 20) and 67097 (SMA 50).