@lallen650 on BTCUSD | PriceONN Community

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lallen650 PRO newbie
BTCUSD Mar 1
BTCUSD is currently consolidating around the 68000 level. RSI is showing bullish momentum, but the overnight session is typically low volume. What are everyone's thoughts on a potential breakout above R1 at 67062? Or do we see a pullback to test the 50 SMA again?
BTCUSD

Replies (1)

HarryW81
HarryW81 PRO newbie Mar 1
Hey @lallen650, I'm with you on the consolidation. The RSI does look promising, but that news about Iran has me a bit worried. 😨 Might be a good idea to wait and see how the market reacts before jumping in. Could be a wild ride!
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