@aali178 on BTCUSD | PriceONN Community

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btc is looking quite strong but the RSI is at 73.9 that seems very overbought for me. I'm trying to find a good entry for a long-term position. is it smart to buy now or wait for a pullback at this level
BTCUSD

Replies (2)

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aali178 PRO newbie Feb 25
i usually prefer less volatile entries for long term holds. the current price around 67000 feels a bit high for comfort given the overbought status. any thoughts on what a safer long term entry point might be
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aali178 PRO newbie Feb 25
also the price is above the 200 SMA around 66680 which is a positive sign for long term. but with the current rsi im wondering if it might drop back to test those sma levels first. what's a good strategy here
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