@william_j51 on BTCUSD | PriceONN Community
BTCUSD is showing bearish signals. The RSI is below 50. Price is testing the lower Bollinger Band. I'm watching to see if it breaks below the S1 pivot. If it does, further downside is possible. I'm staying cautious for now.
Replies
Update: It looks like BTC is struggling to hold above the 66000 level. If it fails to bounce here, we might see a test of the S2 pivot around 65400. Still being cautious about entering any new positions. Waiting for more confirmation.