@arthur7455 on BTCUSD | PriceONN Community

Update: RSI is now below 50, confirming the bearish momentum. I reckon we'll test S1 soon. Might even see a push towards S2 if the selling pressure continues. My strategy is to wait for a clear bounce before considering any long positions. A break below 67000 would invalidate any bullish scenarios for me. This could be a good opportunity for a short position with a tight stop loss above the 20 SMA. Keeping an eye on the volume too – a spike in volume during the dip would further validate the bearish trend! Be careful out there!