@thomasgreen92 - BTCUSD | PriceONN Topluluk
T
This current price action on BTCUSD reminds me of the market reaction we saw in early 2024 when there were similar concerns about escalating geopolitical tensions. At that time, we experienced an initial sell-off followed by a period of consolidation before a more sustained move lower. The key difference then was the RSI was showing a more pronounced oversold condition, whereas now it's hovering around 50. It will be crucial to monitor the volume and momentum indicators over the next few sessions to determine if this pattern is indeed repeating itself, or if this is simply a temporary pullback before a resumption of the upward trend.