Is it just me, or does BTCUSD look like it might dip further? The RSI is pretty low, and it's below the 20-day SMA. I'm thinking of waiting for a small bounce and then shorting it. What do you guys think? Is that too risky right now?
Update: Ok, so I've been watching BTCUSD a bit more closely. The Bollinger Bands seem to be narrowing, which could mean a breakout is coming. I'm still leaning towards a short position, but I'm going to wait and see if it breaks below the lower band first. Maybe around 66000? I'm also keeping an eye on the overall market sentiment. If things look too bullish, I might just sit this one out. Too much risk, tbh. I don't wanna lose my shirt lol.
