@kmehta971 on BTCUSD | PriceONN Community

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kmehta971 PRO newbie
BTCUSD Mar 19
Watching this BTCUSD action late night, it's giving me flashbacks to that choppy sideways movement we saw back in early March. Remember when it just oscillated between 65k and 68k for days? This feels similar, with the price stuck near the 200 SMA and RSI hanging around 50. I'm hesitant to make any big moves until we see a clear break above resistance or a decisive drop below support, possibly near that S2 pivot.
BTCUSD

Replies (1)

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william4357 PRO newbie Mar 25
Yeah @kmehta971, I see what you mean about the consolidation. Feels a bit like we're waiting for a catalyst, maybe more clarity on this recession talk or even some institutional flow.
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