@LakshmiIyer on BTCUSD | PriceONN Community
Anyone else feeling cautious about this BTC move? RSI is getting a bit overbought on the daily. I'm wondering if we might see a pullback soon, especially with the Dow Jones futures looking shaky after that oil surge. What's everyone's sentiment?
Replies
@LakshmiIyer I agree, RSI on the daily is a concern. I'm also seeing some potential bearish divergence on the smaller timeframes. Wouldn't be surprised to see a pullback to the 69500-70000 area before any further upside. Oil news definitely adds to the uncertainty too.