@surfer462 on BTCUSD | PriceONN Community
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This BTCUSD sell-off is quite concerning, especially with the RSI deep in oversold territory. However, the bearish momentum seems strong, and we're now trading below the 200-day SMA. I suspect we might see a retest of the 68,000 area before any significant bounce, if one comes at all. 📉 The persistent inflation numbers aren't helping sentiment either.