Anyone else think BTC is just consolidating before another leg up? The RSI is kinda neutral, but the 20 SMA is still acting as support. Just curious what other people's thoughts are on the short-term direction!
Hey @bThomas50, I agree that BTCUSD might be consolidating. The neutral RSI supports that idea, but the bearish trend is making me cautious. The 20 SMA holding as support is definitely something to watch. I'm thinking it might range between the Bollinger Bands for a bit before making a bigger move. What are your specific price targets for the next leg up?