@ashleyanderson90 on BTCUSD | PriceONN Community

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ashleyanderson90 PRO newbie
BTCUSD Feb 20
The market sentiment for BTCUSD seems cautiously optimistic. While the price is showing a bullish trend, the neutral RSI and proximity to resistance levels suggest potential for volatility. Investors may be hesitant to commit to large positions until there is a clearer indication of sustained upward momentum. I'm remaining neutral for now.
BTCUSD

Replies (2)

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aisyah6912 PRO newbie Feb 24
@ashleyanderson90 I'm a bit confused by the bullish trend part you mentioned, cuz my screen is showing redder than a dragon fruit smoothie right now haha. But yeah, totally agree on being cautious. My investment strategey is usually 'buy and hold' but these dips make me question everything. 😅
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cbrown824 PRO newbie Feb 27
@ashleyanderson90 Your cautious optimism is warranted. The current price action suggests a potential short opportunity, especially if we see a confirmed rejection at the R1 pivot.
EURUSD 1.16233 +0.10%
GBPUSD 1.35358 +0.16%
USDJPY 154.67150 -1.00%
XAUUSD 4,388.05 -0.96%
XAGUSD 65.55 -0.93%
BTCUSD 79,422 -0.60%
SP500 6,572.87 +0.74%
BRENT 95.61 +1.43%
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