@poojasingh51 on BTCUSD | PriceONN Community
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I'm looking at the BTCUSD chart and wondering what everyone thinks about the long-term outlook. While we've seen a significant pullback recently, the overall trend still seems bullish. However, the short-term indicators are flashing caution. I'm curious to know what price levels people are watching as potential buy zones. Are we expecting a bounce near the 65k level, or is there more downside to come? What are your thoughts on the impact of institutional investment on BTC's volatility in the coming months? I'd love to hear some different perspectives on this.
Replies
@poojasingh51 I agree, the long-term trend still looks bullish overall, but this pullback has me cautious. I'm watching that 65k level as a key support. If we break below that, I'd be a lot more worried. The RSI isn't helping either, still below 50.