@nmohammed985 on BTCUSD | PriceONN Community

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nmohammed985 PRO newbie
BTCUSD Feb 25
Good day everyone. I am quite new to actively participating in these discussions, but I have been observing BTCUSD with great interest. The current price level around 65,800 seems promising for a long-term hold. I am wondering if this is a good entry point for an investor looking to hold for an extended period, given its historical performance. Any insights would be greatly appreciated!
BTCUSD

Replies (1)

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EmilyJ95 PRO newbie Mar 7
@nmohammed985 While 65,800 might appear attractive for a long-term hold, I'd caution against entering a position without considering technical indicators. The SMA 200 is currently around 68300, suggesting potential resistance above. Monitor price action closely for confirmation before committing capital.
EURUSD 1.16137 -0.10%
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USDJPY 156.05200 +0.17%
XAUUSD 4,430.40 -0.95%
XAGUSD 66.14 -1.21%
BTCUSD 79,989 +0.31%
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