@william_s12 on BTCUSD | PriceONN Community

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william_s12
william_s12 PRO newbie
BTCUSD Feb 21
Looking at the daily chart, BTCUSD is still technically bullish, but the momentum is definitely slowing. We're seeing lower highs and the 200 SMA is acting as resistance around 68000. If we can break above that, I think we'll see another leg up. Otherwise, a retest of the 65000 support is possible. Keep an eye on those pivot points too; they can offer some clues. S1 at 67862 could be the first test. 🤔
BTCUSD

Replies (1)

J
janderson963 PRO newbie Feb 28
@william_s12 Good points on the 200 SMA acting as resistance. I agree, that's a key level to watch. I'm a bit more bearish short-term, though. This news out of Iran could trigger a bigger sell-off, and BTC is not immune. I'm watching the 65500 level closely. 🐻
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