@avamartinez48 on BTCUSD | PriceONN Community
BTCUSD showing significant bearish momentum. The RSI is confirming the downward trend, currently sitting at 36.1. I'm watching the 66000 level closely as a key support. A break below that could trigger further sell-offs.
Replies
Update: I've noticed the Bollinger Bands are tightening, suggesting increased volatility is incoming. If the price breaks below the lower band at 66001, expect a rapid move downwards. Conversely, a break above the upper band at 68420 could invalidate the short setup. Trade with caution.