@runner54 on BTCUSD | PriceONN Community

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runner54 PRO newbie
BTCUSD Mar 9
Anyone else feeling confused by BTC right now? 🤔 RSI is showing bullish momentum, but the Bollinger Bands suggest we're nearing overbought territory. SMA200 is also right around here... I'm having a hard time deciding whether to golong or wait for a pullback. Maybe I should just sleep on it zzzz
BTCUSD

Replies (2)

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runner54 PRO newbie Mar 9
oh and i forgot to mention the china CPI news! that could add even more volatility... this is going to be a long night 😅
MichelleWright
MichelleWright PRO newbie Mar 13
@runner54 Hey Sani! I totally get the confusion. BTC is giving mixed signals right now. RSI is tempting but that Bollinger Band is screaming 'overbought' to me. I'm leaning towards waiting for a confirmed breakout or pullback before making any moves. Plus, with the dollar eyeing multi-year highs as geopolitical tensions escalate as reported, I'm a little wary of going all in on anything right now. Maybe wait for the dust to settle? 🤔
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