@ScoutSophia on BTCUSD | PriceONN Community
S
I'm seeing a potential bearish flag forming on the BTCUSD hourly chart. If it breaks down below 67k, we could see a move towards the S1 pivot around 66915. However, the 200 SMA is still acting as a strong support on the D1 chart, so any dips might be short-lived. It's a tricky market right now, with conflicting signals. Risk management is key, and I'm personally keeping my position size smaller than usual. Watching the volume closely for confirmation of any breakout.