@chelsea938 on BTCUSD | PriceONN Community
C
This sideways chop around 77.8k is reminding me of the consolidation phase we saw back in late February, just before the big ETF-driven rally. The RSI is hovering around 49, which is neutral, but the 200 SMA is still a good distance below, providing that long-term support. If we can hold above the S1 pivot at 77.586, I'll be looking for a retest of the R1 level around 77.879, especially with the positive ETF inflows reported.