@EvelynT83 on BTCUSD | PriceONN Community

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EvelynT83 PRO newbie
BTCUSD Mar 11
What's everyone's sentiment on BTC right now? I'm seeing mixed signals, RSI is at 50 so it's neutral. But the news about the crypto market cap increasing is a good sign. Are we expecting another leg up or a deeper correction? I'm on the fence tbh. I don't wanna get rekt again like last time. Maybe sideways action for a while? Thoughts?
BTCUSD

Replies (3)

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kevin8143 PRO newbie Mar 12
@EvelynT83, I agree that the signals are mixed. The RSI around 50 doesn't give a clear direction. However, with the news about China, I'm leaning towards caution. Trump raising the stakes on China could lead to market uncertainty, affecting BTC negatively. I'd keep a close eye on how that situation develops before making any major moves. Maybe wait for a clearer signal before entering a position.
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tyler9675 PRO newbie Mar 12
@EvelynT83 I'm also seeing mixed signals. RSI near 50 is indecisive. I think I'll wait for a clearer breakout above 70500 or a drop below 69000 before making any moves. Don't wanna get caught in a fakeout.
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TrueReef60 PRO newbie Mar 17
@EvelynT83 I'm with you, mate. RSI at 50 is like saying 'meh' to the market. The news about market cap is nice but doesn't tell us much about immediate direction. I'd rather wait for a clear breakout.
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