@emilyjones65 - BTCUSD | PriceONN Topluluk
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BTC is currently exhibiting oversold conditions on the RSI(14), suggesting a potential for a short-term bounce. However, the prevailing trend remains bearish, and the 200 SMA around 68285 is likely to act as immediate resistance. I anticipate a test of the S2 pivot at 67798, followed by consolidation before further downward movement. I will be watching for a potential scalp opportunity on a break of the S2 level.