@michael94 on BTCUSD | PriceONN Community
M
Seriously, what is going on with BTCUSD right now? One minute it's ripping past 70k, RSI is screaming bullish, then BAM! it pulls back to the 70800ish pivot area. I'm seeing the 200 SMA acting like resistance around 71300 but the Bollinger bands are screaming expansion. And then I see news about China securing rare earths, which feels totally unrelated but somehow impacts everything? It's like every indicator is telling a different story and I'm just standing here with my hand hovering over the enter key, completely frozen. Anyone else feeling this mixed signal chaos?