@orbitrun355 on BTCUSD | PriceONN Community

@orbitrun355 Interesting observation on that inverse H&S pattern, Mia. I'm watching the 4-hour chart too, and while I can see the potential shape you're describing, the current bearish momentum is quite strong. The price has broken below the 200 SMA on the hourly, which is a bit concerning. I'm also looking at the RSI, which is hovering around 29, indicating oversold conditions, but that doesn't always guarantee an immediate reversal, especially in such a strong downtrend. I've entered a small long position myself near 69k, but I'm keeping a very close eye on that neckline you mentioned around 71k. If it can break and hold above that, I'll feel much more confident about a sustained move up. For now, I'm just hoping this recent drop isn't a precursor to further downside, especially with that Nvidia news circulating about crypto's impact.