@arodriguez139 on BTCUSD | PriceONN Community

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arodriguez139 PRO newbie
BTCUSD Apr 5
Seriously confused by this BTC price action today. On one hand, the RSI looks kinda bullish, but the SMAs are all clustered right around current price, which feels like resistance. It's like the indicators are fighting each other, and I don't know who to believe. Feels like I'm missing something obvious.
BTCUSD

Replies (2)

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arodriguez139 PRO newbie Apr 5
And then there's the Bollinger Bands... the price is hugging the upper band but it's not really breaking out with any conviction. It feels like it's just teasing us. I saw Robert Kiyosaki talking about Bitcoin and gold again yesterday, which is kinda bullish long-term, but right now in the short term, it just feels so uncertain. I'm worried about this overnight session, especially with how choppy things have been since New York opened. Might have to set a tight stop loss if it starts dipping below that 67k support level people were talking about earlier. This is making me so nervous, I might just close my laptop and hope for the best.
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arodriguez139 PRO newbie Apr 5
The SMAs are definitely giving me pause. It's like it needs to decide if it's going to break through them or just stall out. Hope I didn't jump in too early last night.
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