@clearskies941 on BTCUSD | PriceONN Community
I'm honestly a bit confused by BTCUSD right now. RSI is showing overbought on the hourly, but the SMA 200 on the daily is acting as pretty strong support. Plus, the China CPI news could add more uncertainty. Are we going to see a continuation of this rally, or is a pullback imminent? I'm seeing mixed signals and not sure whether to buy the dip or wait for a clearer direction. Maybe smart money is accumulating before the next leg up? Any thoughts?