@LilyL13 on BTCUSD | PriceONN Community
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BTCUSD showing some consolidation around 67700. The 20 SMA is just below current price but the 50 and 200 SMAs are above. Could signal a potential pullback if momentum shifts. Watching closely.
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I also noticed the consolidation around 67000. The 50 and 200 SMAs being above the current price does make me nervous about a potential pullback. I'm hesitant to open any new positions right now.