@swiftRiver4 on BTCUSD | PriceONN Community
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Watching BTCUSD closely here. Given the current neutral RSI at 52 and price hovering around the 50-day SMA, I'm leaning towards a slight bearish bias for the short term. The recent news regarding South Korean police drafting crypto seizure rules could introduce some regulatory uncertainty, potentially dampening institutional interest. I'm expecting a retest of the S1 pivot around 73297, possibly testing further down if selling pressure intensifies. A break below the 200-day SMA at 71168 would be a significant bearish signal.