@mthomas567 on BTCUSD | PriceONN Community

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mthomas567 PRO newbie
BTCUSD Feb 28
What's everyone's sentiment on BTCUSD right now? With the RSI above 60, it seems like it could push higher, but I'm also seeing some resistance around the 67k level. Are we expecting a breakout or a pullback soon? Just trying to get a feel for the general consensus.
BTCUSD

Replies (1)

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brittanytaylor66 PRO newbie Mar 4
Hey @mthomas567, I'm cautiously optimistic about BTCUSD. RSI is definitely a concern, showing overbought conditions, but the momentum is strong 💪. I see resistance around 71750 (R2 pivot), and a break above that could lead to a test of 72000. However, if it fails to hold above 71400 (R1 pivot), we might see a pullback towards 71000. I'm thinking a small pullback before another leg up. I'm also looking at the D1 chart and it looks pretty bullish overall. What's your take on potential support levels if we see a dip?
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