@DeepTrail80 on BTCUSD | PriceONN Community
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Looking at BTCUSD right now, the RSI on the H4 is sitting at 33.3, which is definitely in the bearish zone. We've also broken below the 20 and 50 SMAs, and the current price is hovering just above the S2 pivot point at 67281. If we can't hold this level and see some buying pressure, I wouldn't be surprised to see a retest of the 65k area. The lack of institutional news driving price action today means technicals might rule.