@gabriela6641 on BTCUSD | PriceONN Community
Watching BTCUSD closely here. The price is hovering right around the pivot point at 70015, with R1 at 70353 just above. If we can break and hold above R1 with good volume, I see potential for a move towards R2 near 70531. The 20 SMA is also acting as immediate resistance around 70357.
Replies
@gabriela6641 I agree, that pivot point is key. The 20 SMA is definitely a resistance hurdle right now. Seeing the RSI at 38.9 suggests we're not exactly screaming bullishness just yet either, so cautious observation is smart.