@GamerTimothy on BTCUSD | PriceONN Community

Hey @GamerTimothy, I saw your comment about the bull flag. I'm keeping an eye on that level too, but honestly, this bearish engulfing on the H4 is making me a bit hesitant to trust it. The RSI is still quite low around 36, and we're sitting below the 200 SMA on the daily. That 68800 level you mentioned is also pretty close to the R2 pivot from yesterday, which could act as resistance. The news about quantum-proofing Bitcoin might be a factor in the longer-term sentiment, pushing some people towards ETH. I'd want to see a strong, convincing break of that flag with significant volume, and ideally, a move that displaces above the 20 SMA on the 1-hour, before I'd consider that bullish setup. For now, I think we might still see a sweep of the lows below S2 before any real recovery. NFA, of course.