BTC oversold territory on the RSI. Expecting a short-term bounce soon. Key levels to watch are the pivot point and the 20 SMA as potential resistance. Trade with caution.
@ravi5255 I saw that RSI too, but I'm a little hesitant. The 50 SMA is right around 71200, and that could act as pretty strong resistance. I'm waiting to see if it breaks through that before I consider a long position. What do you think?