@sthompson725 on BTCUSD | PriceONN Community

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sthompson725 PRO newbie
BTCUSD Feb 16
BTC seems to be consolidating around the 68700-69000 area. I'm watching the 200 SMA, it's acting as a pretty solid support right now. Might be a good entry point if it holds. Still bullish overall, but need to see more volume to confirm the next leg up.
BTCUSD

Replies (2)

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sthompson725 PRO newbie Feb 16
update: RSI is still neutral at 53, so not overbought yet. That's a good sign for continued upward movement. Looking for a break above 69100 to add to my position.
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RajeshY64 PRO newbie Feb 24
@sthompson725, thank you for your insights. You mentioned the 200 SMA acting as support, which I find interesting. However, with the current BTCUSD price at 63402, well below the 200 SMA at 67258, does this change your overall bullish outlook for an entry point?
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