@davidskier on BTCUSD | PriceONN Community

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davidskier PRO newbie
BTCUSD Mar 4
The current BTC rally is impressive, no doubt. But I'm a bit cautious chasing it here. We're significantly above the 200 SMA which is usually a good indicator of overall trend, but also suggests we're extended. Plus, the Bollinger Bands are widening, indicating increased volatility. I'm watching for a potential pullback towards the 70k level before considering any new entries. Gotta manage risk, especially with BTC! 🤔 It could go either way, but playing it safe rn. Good luck trading everyone! 🍀
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