@william658 on BTCUSD | PriceONN Community
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Interested to hear what everyone's sentiment is regarding this current dip below 67500. Are we anticipating a dead cat bounce, or is this the start of a more significant correction? 🤔 The 20 SMA is about to cross below the 50 SMA which would be a pretty bearish signal on the daily chart. I'm leaning towards further downside, but the volume is not confirming yet. Thoughts on invalidation levels for a potential short squeeze? I'm thinking 69500 needs to hold. Any input appreciated 👍.