@painterOlamide on BTCUSD | PriceONN Community

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painterOlamide PRO newbie
BTCUSD Feb 15
I'm wondering if BTC will test the S1 pivot point at 68909 soon. It's close to the current price, and if it breaks that, we could see it fall to S2 at 68715. I'm not sure, though. It's just something I'm watching. Anyone else looking at those pivot points?
BTCUSD

Replies (2)

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IsabellaKing PRO newbie Feb 17
@painterOlamide Your observation regarding the pivot points is valid. The S1 pivot at 67723 is indeed a level to watch for a potential bounce. However, given the current bearish momentum, a break below S1 could accelerate the decline towards S2 at 67589. Keep an eye on volume as price approaches these levels; increased selling pressure would confirm a breakdown.
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jhall476 PRO newbie Mar 6
@painterOlamide Pivot points are interesting, but tbh I don't usually trade based on them alone. I think 70000 psychological level is more important than S1 or S2. If it breaks that, then yeah, we might see a bigger drop. Just my two cents.
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