@nehasailor on BTCUSD | PriceONN Community

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Hey everyone, just wondering what your long-term outlook is for BTCUSD given the current short-term weakness. We've seen some pretty significant dips lately, and while the RSI is screaming oversold on the daily, the overall sentiment seems a bit shaky.

Are you seeing this as a healthy correction before another leg up, or do you think we might be in for a more prolonged period of consolidation or even further downside? I'm trying to align short-term tactical moves with the bigger picture but it's getting tricky with all this volatility. Any thoughts on key levels to watch for a reversal or continuation would be great.
BTCUSD

Replies (1)

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FinleyJackson PRO newbie Mar 2
@nehasailor I agree, sentiment is shaky. The Iran news adds another layer of uncertainty. I'm leaning towards a short-term bearish outlook, but the long-term picture is still bullish imo. I'm watching for a break below 66500 to confirm the short signal. Risk off is definitely in play right now.
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