@WildHawk39 on BTCUSD | PriceONN Community
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BTCUSD is definitely showing signs of weakness. The break below the 20 SMA is concerning, and the RSI confirms the bearish momentum. I'm watching the Bollinger Bands closely. A move towards the lower band could indicate further selling pressure. However, we need to be cautious of potential fakeouts, especially with BTC's volatility. Overall, the short-term outlook appears bearish, but a bounce back to retest the 20 SMA is possible. Long term, though, I'm still bullish on Bitcoin's potential. Just need to weather this current storm.