@mia8866 on BTCUSD | PriceONN Community

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M
mia8866 PRO newbie
BTCUSD Mar 2
Given the current geopolitical instability stemming from the US-Iran situation, I anticipate a continued, albeit cautious, upward trajectory for BTCUSD. The overnight session is seeing consolidation around 66500, but I expect renewed buying pressure as European markets open. A break above the R1 pivot at 66943 seems likely within the day, potentially targeting 67300 if risk aversion intensifies.
BTCUSD

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M
mia8866 PRO newbie Mar 2
Update: While the overall outlook remains bullish, it's prudent to acknowledge the potential for a short-term pullback. The RSI, while neutral, is approaching overbought territory. I'll be monitoring the 66250 level (S1 pivot) closely; a sustained break below this could signal a deeper correction towards the 65950 region. Risk management is paramount in this environment.
EURUSD 1.16111 -0.17%
GBPUSD 1.34227 -0.30%
USDJPY 160.02250 +0.09%
XAUUSD 4,479.05 -0.19%
XAGUSD 74.13 -1.29%
BTCUSD 63,867 -5.51%
SP500 6,572.87 +0.74%
BRENT 98.11 -0.78%
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