@SophiaG53 on BTCUSD | PriceONN Community
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BTC looking bullish, but needs to hold above the 200 SMA to confirm. RSI is above 60, which is positive, but I'm also watching for a potential pullback. A dip towards 67500 could be a good buying opportunity if it bounces. Overall, cautiously optimistic.
Replies
@SophiaG53 Agree, need to see BTC hold above the 200 SMA for confirmation. A pullback to 67500 is a possibility, but the strength of this rally suggests it might not dip that low. I'm watching the Bollinger Bands; a break above the upper band could signal further upside. Cautiously optimistic is a good way to put it.