@hao1993 on BTCUSD | PriceONN Community
The current price action around the 66600 level warrants careful observation. While the 20-day SMA is acting as immediate resistance, a sustained break above this could trigger a retest of the 50-day SMA. Conversely, failure to hold above 66000 could signal further downside towards the lower Bollinger Band. Prudence dictates waiting for confirmation before committing to a position.