@smoore815 on BTCUSD | PriceONN Community

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smoore815 PRO newbie
BTCUSD Feb 17
Considering the current bearish trend and the RSI hovering around 42, what are everyone's thoughts on the likelihood of Bitcoin testing the S2 pivot point at 68031 in the short term? I am curious to hear opinions on whether we might see further downward pressure or a potential bounce back towards the 20-day SMA.
BTCUSD

Replies (1)

eward697
eward697 PRO newbie Feb 21
Samantha, that's a good point about the S2 pivot. I'm still learning about pivot points, tbh. RSI around 42 does seem bearish. If it breaks below S2, what's the next level to watch? 🤔 I'm trying to understand these levels better. Thanks! 👍
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