@nycBrandon on BTCUSD | PriceONN Community
I'm leaning bearish on BTCUSD in the short term. We've been consolidating around this 71k level for a while now, and the RSI is showing weakness. Plus, the overnight volume is super low which usually precedes a bigger move. I think we could see a dip down to the 69k level before any serious bounce. My target would be 68500, but I'll be watching the 70k level closely as potential support. Fundamentally, nothing has changed to support another leg up imo. Expecting sideways or down.