@AshleyBrown on BTCUSD | PriceONN Community
A
I'm seeing BTCUSD really struggling to hold above 69k right now. The SMAs are all way above current price, like the 50-day is nearly 70.5k. With the RSI sitting at 20, it's definitely oversold, but that doesn't guarantee a bounce, especially with how weak the price action looks. I think we might see it test lower, maybe towards the 68k level if this Asian session continues to be quiet and bearish.