@NurulH49 on BTCUSD | PriceONN Community
N
Seeing the BTCUSD price hovering around the 70700 level, it's currently testing the R1 pivot point. The 50-day SMA is also providing some resistance around 70300. Given the recent institutional interest mentioned in the news, I'm watching for a potential breakout above the Bollinger upper band. If it holds above 71000, I'll consider it a bullish sign for the short term.