@firestorm252 on BTCUSD | PriceONN Community
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I was watching this crypto analyst on YouTube earlier, CoinSleuth, and he was talking about the recent SEC lawsuit against that Bitcoin Latinum exec. He thinks that kind of news, even though it's not directly about BTC, creates a general air of suspicion around the whole crypto space. He pointed out that the RSI on the BTCUSD 4-hour chart dipped below 45, which usually signals some bearish momentum. He's leaning towards a short-term pullback, maybe testing the 50 SMA around 76k, but he also said the long-term outlook is still solid as long as the major support levels hold. He mentioned not to chase pumps and to always have a stop loss, which I clearly didn't do well on my last trade. It's a lot to process, but I’m trying to learn from these guys.