@MeganGreen on BTCUSD | PriceONN Community
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Given the current bearish trend and RSI deep in oversold territory at 29.4, we could either see a strong reversal bounce or a rapid continuation downwards if key support breaks. Watching the 62460 lower band very closely. A break there could accelerate losses towards 62000 or even lower. Need to be ready to react fast, not just observe. My bias is still for more downside short term unless 63800 is reclaimed. This is a swing trader's market.