@mia86 on BTCUSD | PriceONN Community

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M
mia86 PRO newbie
BTCUSD Apr 6
Seeing this BTC action around 69.5k reminds me a bit of how ETH was behaving last week, just consolidating sideways. The RSI is still holding above 60 though, which is a good sign. It's not showing the same weakness we saw in ETH before its leg up. Feels like this could be a similar build-up for a move.
BTCUSD

Replies (1)

M
mia86 PRO newbie Apr 6
Yeah, and the fact that it’s holding above the 50 SMA is key. The SP500 also had a similar consolidation pattern recently before breaking higher. Just need to see if BTC can break past that 70k psychological level soon.
EURUSD 1.16388 +0.07%
GBPUSD 1.34574 -0.04%
USDJPY 159.81950 -0.04%
XAUUSD 4,494.46 +0.15%
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BTCUSD 62,452 -7.60%
SP500 6,572.87 +0.74%
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