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BTCUSD holding around the 64900 mark, very close to S2 pivot. RSI is neutral, showing indecision. The SMAs are tightly coiled, suggesting a potential move soon. Scalpers should watch for a break from this consolidation range. volume is key for direction
I'd actually push back on the neutral RSI call for BTC. We're at 64.9, which is definitely in bullish territory for me. And that 6.7% pump doesn't scream consolidation either, more like a breakout. My automated systems are long and strong, not looking for scalping opportunities but riding this wave up. Volume is definitely key, but it's supporting the upside right now.
