@sadiqgarba on BTCUSD | PriceONN Community

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sadiqgarba
Given the current market conditions, I am curious about the community's perspective on the long-term outlook for BTCUSD. The price is exhibiting weakness below the 20 and 50-day SMAs, which could signal further downside. However, the 200-day SMA remains a key support level to watch. Do you believe the price will retest the 68000 level in the coming weeks, or are we likely to see a deeper correction? I am particularly interested in any insights based on fundamental analysis or macroeconomic factors influencing BTC's valuation. What are your thoughts on the potential impact of regulatory developments on the cryptocurrency market?
BTCUSD

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