@asharma465 on BTCUSD | PriceONN Community
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The current price action on BTCUSD clearly indicates strong bearish dominance. Price is trading significantly below both the 20-period and 50-period SMAs, reinforcing the downward trend. The lower Bollinger Band at 62634 is acting as immediate support. A decisive break below this could trigger further downside momentum, potentially towards 62000.