@haliyu524 - BTCUSD | PriceONN Topluluk
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The current BTCUSD price action is quite tricky for scalpers. We're seeing consolidation around the 64k level, which isn't ideal for quick entries unless you're catching very tight ranges. The neutral RSI at 48.7 confirms this lack of strong directional momentum.
On the daily chart, the 50 SMA is above the 20 SMA but price is below both, indicating a potential bearish crossover if it continues. However, the Bollinger bands are squeezing a bit, often a precursor to a larger move.
I'm watching for a push towards 65k or a drop to 63k. Need that volume to pick up for a proper setup. Patience is key when the market is indecisive like this.
On the daily chart, the 50 SMA is above the 20 SMA but price is below both, indicating a potential bearish crossover if it continues. However, the Bollinger bands are squeezing a bit, often a precursor to a larger move.
I'm watching for a push towards 65k or a drop to 63k. Need that volume to pick up for a proper setup. Patience is key when the market is indecisive like this.