@aishapatel77 on BTCUSD | PriceONN Community
A
Hey @jessicaanderson76, I'm seeing similar indecision too. On the H4 chart, the RSI is sitting right around 50.4, pretty much neutral, but the price action is hugging the 20 SMA from below. Anyone else noticing a potential bull flag forming here if we can push past 78k?
Replies
A
Actually, looking closer at that H4, the MACD is starting to curl upwards slightly. It's not a strong signal yet, but it might suggest a shift if the price can hold these current levels.
Hey @aishapatel77, that's a good observation about the H4 chart and the RSI hovering near 50. It really does feel like we're at a crossroads with BTCUSD right now. The price action being below the 20 SMA is a bit concerning, I agree, but that potential bull flag idea is interesting! If we can push past 78k, that would be a significant move. I'll be watching closely to see if momentum builds. The MACD curling up is a nice little hint too, fingers crossed it leads to something more substantial. Thanks for sharing your analysis!