@PureRiver93 on BTCUSD | PriceONN Community

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PureRiver93 PRO newbie
BTCUSD Feb 26
Hey everyone, looking at BTC and it's been pretty wild lately 📈. The RSI is bullish but it feels like it's struggling to really push past 68k, almost like it's running out of steam 🤔. I'm seeing resistance around the pivot point. What do you guys think, is it going to consolidate here or could we see a dip towards the 20 SMA? 🤷‍♂️ A bit unsure about this one.
BTCUSD

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PureRiver93 PRO newbie Feb 26
update on my earlier thought 💡. so it looks like BTC is still hovering around the 68k mark, not really breaking out or dipping hard yet. the 20 SMA is at 67238 which is acting as a good support for now, but the upper Bollinger band is way up at 70280.21 🤯. that's a pretty big gap to cover if it really wants to go full bullish. i'm kinda wondering if it's gonna range between the 20 SMA and maybe the pivot point at 68200 for a bit 🤔. feels like a lot of uncertainty right now, especially with the 200 SMA also being pretty close. is this just typical consolidation before a bigger move or something else? 🤷‍♂️ not sure what to make of it tbh.
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