@mmurthy128 on BTCUSD | PriceONN Community

The current decline in BTCUSD is notable, with the price now testing the S2 pivot level at approximately 64516.67. The RSI is indicating oversold conditions, which could suggest a potential for a short-term bounce. However, given the strong bearish momentum, further downside may be expected if this level fails to hold. Monitoring price action around this pivot is crucial for determining the next likely direction.