Anyone else think BTCUSD might consolidate for a bit? Seems like it's stuck between the 20 and 50 SMA. RSI isn't giving much away either. Could be waiting for some news to drive it one way or the other. I'm staying out for now.
Update: Just noticed the pivots. R1 at 67937 is pretty close to that 200 SMA I mentioned earlier. Makes that area even more important imo. If it can't break that, I reckon we'll see a retest of the S1 level. Might even go lower if there's enough selling pressure. Still not convinced either way, but that 67900-68000 area is definitely key. Will keep an eye on it. Thnk I'll set some alerts around those levels.
