@jgarcia780 - BTCUSD | PriceONN Topluluk
J
I've been analyzing BTCUSD's historical volatility, and it's fascinating to see how it correlates with major economic announcements. Considering the current bearish trend and the RSI hovering around 33, I'm anticipating a potential bounce near the S1 pivot at 65254.67. However, a sustained break below that level could trigger a significant sell-off towards S2. I'm also monitoring the 200 SMA; its proximity to the current price suggests it could act as a dynamic resistance. What are your thoughts on using a combination of pivot points and SMA to identify potential entry and exit points?