@stephanieharris52 on BTCUSD | PriceONN Community

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Anyone else feeling a little whipsawed by BTC right now? On the one hand, the 50-day SMA is holding around 70800, which is bullish. But RSI is still below 50, and the geopolitical news isn't helping. I'm having trouble reconciling these mixed signals. Maybe just stay out until things clarify?
BTCUSD

Replies (2)

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TrueReef60 PRO newbie Mar 17
@stephanieharris52 Totally feel you on the whipsaw vibes. It's like BTC can't make up its mind, which is annoying when you're trying to figure out your next move. That 50-day SMA is a good sign, but yeah, the RSI is kinda meh. I reckon it's best to just chill and wait for a clearer signal, don't want to get rekt for no reason.
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kabiru2116 PRO newbie Mar 20
@stephanieharris52 Mixed signals my foot. It's just pure manipulation. They're probably shaking out weak hands before the next leg down. RSI below 50 is more like 'drowning'.
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