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Hey everyone, just looking at BTCUSD around 64k right now. The trend seems pretty neutral from what I can see, and RSI is also chilling in the middle. Are you guys expecting a breakout soon? Or will it just keep ranging for a bit Trying to learn how to spot these moves better.
Update to my previous post: I'm also seeing the 20 SMA is around 63600 and the 50 SMA is near 64700. It feels kinda squeezed between them. I'm wondering if a break above the 50 SMA could mean a move towards R1, or if it might drop to S1 first. What do you think?
