@stephanietaylor60 on BTCUSD | PriceONN Community
BTC seems to be stuck in a range right now. It's hard to tell which way it's going to break. I'm watching the SMAs closely, especially the 200 SMA. If it breaks above that, we might see a good rally, but until then, I'm staying cautious.
Replies
Update: Just noticed the Bollinger Bands are tightening too. That usually means a breakout is coming, but it doesn't tell us which direction lol. Maybe wait for confirmation before making any big moves? Also keeping an eye on the RSI to see if it gets overbought or oversold.