@chloeanderson on BTCUSD | PriceONN Community
With the current uncertainty, I'm leaning towards a short-term bearish outlook for BTCUSD. The news about the US and Israel's joint military strike could trigger a risk-off sentiment, pushing investors towards safer assets. Technically, the RSI is neutral, but the price is struggling to break above the 20 SMA. I anticipate a potential drop to the S1 pivot point at 64022, maybe even testing S2 at 63611. I'll be watching closely to see if it holds, but I'm prepared for further downside. Perhaps a small short position is in order, but cautiously.