@matthewlewis80 on BTCUSD | PriceONN Community
M
The current consolidation around 68100 presents an interesting juncture. While the short-term SMA values suggest bullish momentum, the RSI at 59 indicates a neutral stance, preventing an overbought scenario. I'll be observing price action closely around the pivot point of 68147 to gauge the next directional move. A decisive break above R1 could signal further upside, while a drop below S1 might warrant caution.