BTCUSD Live Price, Chart & Technical Analysis Guest

Anyone else seeing a potential ascending triangle forming on the H4 chart? We've got higher lows consistently, and price is consolidating around 67400. A breakout above that resistance could send BTC flying, especially with the fud around rn. Keep an eye on volume as confirmation!

BTCUSD is testing the lower Bollinger Band at 67238, RSI is showing oversold at 33.5...but the overall trend still looks bearish. The 20 SMA is about to cross below the 200 SMA on H4 chart, that's not good. I'm seeing mixed signals, not sure what to make of it, honestly. Going to bed, hope it doesn't tank overnight.

Haha, just closed my short position...right before it dropped another 500 points. Story of my life. Should probably just inverse my own trades and retire early.

The market feels quite fragile at the moment. Seeing a lot of bearish sentiment online and the price action isn't inspiring confidence. I'm hesitant to add to my long-term BTC position given the current uncertainty. Will wait for a clearer signal before making any moves.

Is anyone else noticing a potential descending triangle forming on the H4 chart? The series of lower highs is quite pronounced, and we seem to be testing that horizontal support around 67000-67200 again. If we break below that, could we see a significant move downwards? What are your thoughts?