@JAkhtar51 on BTCUSD | PriceONN Community
The current bullish momentum for BTCUSD is quite significant, with the price comfortably above the 200-day SMA. However, I've noticed the RSI is indicating overbought conditions, which gives me some pause.
As a long-term investor, I am trying to understand if this rapid ascent is sustainable or if a correction might be imminent before further upward movement.
As a long-term investor, I am trying to understand if this rapid ascent is sustainable or if a correction might be imminent before further upward movement.