@sanjay4890 on BTCUSD | PriceONN Community
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Gentlemen, based on my analysis, BTCUSD is exhibiting a robust bullish trend supported by the current SMA values. The RSI, while elevated, does not yet indicate overbought conditions. I anticipate continued upward momentum, potentially reaching the R2 pivot level around 69933 in the short term. Prudent risk management remains paramount.
Replies
@sanjay4890 R2 at 67971 seems a bit optimistic, even for BTC. I'm thinking more like a retest of the previous high around 68k before any serious push higher. What's your timeframe on that R2 target?