@nmorris670 on BTCUSD | PriceONN Community
Watching this BTCUSD price action, and honestly, it's behaving exactly how I'd expect given the news cycle and the session. We've got Tether and Canaan pushing that immersion cooling tech for mining 💎⛏️, which is bullish long-term for network security, but right now it's just noise. The price is hovering around the S1 pivot at 76117, and the 20 SMA is just above at 76384. If we can break that 76384 resistance and hold it, I reckon we might see a push towards R1 at 76349, maybe even higher if momentum builds. But if we dip below S1, then it's a quick trip down to S2 at 76030. The RSI is still hanging around 41, so no real overbought/oversold signals yet. It feels like a good spot for a small scalp long if it holds S1, but for a bigger move, we need to see some conviction. I'm feeling a bit bullish here, but keeping a tight SL just in case. 💪🚀