@SamanthaM8 on BTCUSD | PriceONN Community
Hey @aishwaryarao21, I saw a quick YouTube vid this morning talking about how the 50 SMA is still a pretty big hurdle for BTCUSD right now. The guy on the channel was saying that until we can consistently break above that, it's gonna be tough to call this a real bullish reversal, even if it's holding that S2 pivot for now. He seemed pretty bearish on it staying above 67k long-term.
Replies
The thing is, that YouTuber also mentioned that sometimes these SMAs can be a bit lagging, especially in choppy markets like we've had lately. He said to keep an eye on volume too, 'cause if it spikes on a move up, that could be a stronger signal than just the SMA line. I'm still watching the price action super closely, trying to figure out if this is a real dip or if we're headed lower towards that 65k area. It's just so hard to tell sometimes, you know? My gut says maybe we'll bounce, but my brain is screaming 'sell!' lol 😅