@LilyGray25 on BTCUSD | PriceONN Community
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BTC is looking pretty overbought on the RSI right now, hitting 71. Might be due for a correction soon. I'm seeing resistance around 69600, which lines up with R2 pivot point. Gonna wait and see if it breaks through or bounces back down before making any moves.
Replies
@LilyGray25, I agree that BTC is looking overbought. But, the market can stay irrational longer than you can stay solvent, as they say! I'm still bullish overall, but a pullback to the 66k level wouldn't surprise me. Maybe even a good buying opportunity if it holds. Just my two cents sha.