@BrandonYoga on BTCUSD | PriceONN Community

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BTC looks pretty range-bound right now. RSI is hovering neutral, SMAs are all kinda close. I'm thinking it might consolidate before a bigger move. Maybe wait for a breakout?
BTCUSD

Replies (1)

J_Mitchell
J_Mitchell PRO newbie Feb 21
@BrandonYoga While I acknowledge the current range-bound movement, I believe the underlying trend remains bullish. A breakout is indeed likely, but waiting passively may result in missed opportunities. Perhaps consider a scaled entry strategy to capitalize on potential upward movement while mitigating risk. The SMAs may offer dynamic support levels as well.
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