@trueCreek6 on BTCUSD | PriceONN Community

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T
Honestly, I'm finding BTC's price action a bit perplexing right now. We've got the 50 SMA acting as a magnet, but the news out of the Middle East is throwing a wrench into everything. Safe haven assets should be rallying, but BTC is just kinda... sitting here. Anyone else feeling this indecision?
BTCUSD

Replies (2)

T
trueCreek6 PRO newbie Mar 2
Just noticed RSI creeping back up towards 50. Might be a short-term buying opportunity if it breaks above that. Keeping a close eye on the chart, but still not convinced it's a long-term reversal.
T
trueCreek6 PRO newbie Mar 2
Update: Seeing a bit of a bounce off 65800 now. Maybe that's the initial reaction to the news fading? Still cautious though, volume isn't convincing yet.
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