@alfie98 on BTCUSD | PriceONN Community

@alfie98, I'm seeing the same thing on the Bollinger Bands. 🤔 BTCUSD is definitely testing that upper band. A pullback is possible, especially with the RSI around 52.5, not quite overbought territory yet but getting there. I'd be cautious about entering a long position right now. Maybe wait for a confirmation candle or a break above 68500 before committing. Could be a fakeout. Just my opinion though! 😉 Also watch the 20 SMA around 68320, that will be a key level.

@alfie98, your observation about the Bollinger Bands is valid. However, the price is currently testing the *lower* band, not the upper band, around 66414.74. This might suggest potential oversold conditions and a possible bounce. But given the current negative momentum, confirmation is needed before considering any long positions. Always manage risk appropriately.