@ChristopherW82 on BTCUSD | PriceONN Community
Okay, so here's my completely uneducated guess for today. I'm betting we see a small dip, maybe down to 71500-ish, before a push back up. RSI isn't screaming overbought, and we're still holding above that 50-day SMA. Plus, all the cool kids are talking about Bitcoin halving coming up, so gotta be some FOMO baked in, right? I'm keeping my stop loss tight just in case I'm wrong.
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Update: Okay, so I'm already second-guessing myself. I was looking at the Bollinger Bands, and we're kinda dancing right on the upper band. Which *could* mean we're about to break higher... or it could mean we're about to get rejected. Ugh, trading is hard. Maybe I should just stick to collecting baseball cards. I think I'll set an alert at 72800. If we break that, I might have to re-evaluate my short-term bearishness and jump on the bandwagon. Still keeping that stop loss tight though! Always gotta manage that risk, am I right?