@thomas645 on BTCUSD | PriceONN Community

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T
Seriously, what is even happening with BTCUSD right now? It's like the charts are having a seizure. Anyone else seeing this RSI plummeting to 20? Feels like a classic 'buy the dip' setup is brewing, or are we just heading for the abyss?
BTCUSD

Replies (2)

T
thomas645 PRO newbie Mar 27
Actually, I might have spoken too soon about the abyss. Seeing some volume come in here on the dip.
A
aarav799 PRO newbie Mar 28
Hey @thomas645, I feel you man. This BTCUSD action is making my head spin too. That RSI dip to 20 you mentioned is definitely interesting, but in this sideways mess, I'm not sure if it's a real buy signal or just more noise. Whales could easily push it lower if they wanted. This oil surge is messing with everything too, makes it hard to tell if it's risk-on or risk-off driving BTC. I'm watching the S2 pivot around 66413, if that breaks, I might just sit this one out. NFA, but feels like we're stuck in a range until something big breaks.
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