@azulu33 on BTCUSD | PriceONN Community

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The current bearish trend on BTCUSD is quite strong, but I'm also seeing some signs of potential exhaustion. The price is approaching a key support level around 64000, and the RSI is deeply oversold. However, the 200 SMA is still acting as resistance. A break above the Bollinger band middle line could signal a shift in momentum. I'll be watching the price action closely for a potential reversal pattern. This could be a good opportunity to go long, but risk management is key! We don't wanna get rekt, fam!
BTCUSD

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