@isabella9847 on BTCUSD | PriceONN Community

Update: It's also worth noting the proximity of the Bollinger Bands. The bands are relatively tight, suggesting a period of low volatility that is likely to be followed by a significant price move. A break outside of either band could signal the start of a new trend. My concern is that the overall macro environment remains uncertain, which could put further downward pressure on Bitcoin. The lack of clear bullish signals is concerning, and I'm maintaining a cautious stance, favouring short positions if the bearish momentum continues. I think a retest of the yearly lows is not out of the question at this point. Let's see what unfolds.