@chall47 on BTCUSD | PriceONN Community

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chall47
chall47 PRO newbie
BTCUSD Mar 2
Morning all. What are your thoughts on BTC's current consolidation? The SMA20 and SMA200 are pretty close, and the RSI is neutral. Is this just a breather before another leg up, or are we looking at a deeper correction? Keen to hear your insights.
BTCUSD

Replies (1)

chall47
chall47 PRO newbie Mar 2
Update: Just noticed the overnight session is usually quieter for BTC, so maybe not much to read into this consolidation just yet. But with the news about the US and Israel, are people expecting a flight to safety into BTC? Or will it be a risk-off environment across the board? What do you think?
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